Assume that CocaCola and Visa, both of which are in the DJIA and in the S&P 500,
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Assume that Coca‐Cola and Visa, both of which are in the DJIA and in the S&P 500, have approximately equivalent market values (price multiplied by the number of shares outstanding) but very different market prices (which in fact is the case). Would a 5 percent move in each stock have about the same effect on the S&P 500 Index?
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Related Book For
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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