15. Stock Indexes (LO4, CFA2) Which one of the following statements regarding the Dow Jones Industrial Average
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15. Stock Indexes (LO4, CFA2) Which one of the following statements regarding the Dow Jones Industrial Average is false?
a. The DJIA contains 30 well-known large-company stocks.
b. The DJIA is affected equally by dollar changes in low- and high-priced stocks.
c. The DJIA is affected equally by percentage changes in low- and high-priced stocks.
d. The DJIA divisor must be adjusted for stock splits.
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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