1. The index which gives equal weight to every company included, and is therefore not dominated by any single company, is the: and why? A. Dow Jones Composite Average. B. Standard & Poor's 400 Index. C. The Value Line Average. D. American Stock Exchange Index. E. Dow Jones World Index.

2. Which of the following is NOT a characteristic of the Wilshire 5000 Equity Index? A. It is most frequently used by individual investors B. It represents the total dollar value of 5,000 stocks on a value-weighted basis C. It contains all NYSE and AMEX issues, and most active NASDAQ issues D. It is used as a measure of the broadest market performance index E. It is a value-weighted index

3. ________________ represents 75% of the total value of firms listed on the NYSE, while ____________________ includes 1,700 individual firms. A. The Dow Jones Industrial Average; Value Line Average B. Wilshire 5000; Russell 2000 C. The Value Line Average; Standard & Poor's Composite D. The Dow Jones Composite Average; the Standard & Poor's Industrials E. The Standard & Poor's 500 Index; Value Line Average

4. compare your portfolio to the indexes we looked at in class. Did you beat the S&P, DJIA or NASDAQ? Why or why not?

.5.Commissions charged by stock brokers tend to vary among different classes of brokers. True False