#4

Which of the following statements is FALSE? A. The S\&P 500 is an equal - weighted portfolio of 500 of the largest U.S. stocks. B. Even though the S\&P 500 includes only 500 of the more than 7,000 individual U.S. Stocks in existence, it represents more than 70% of the U.S. stock market in terms of market capitalization. C. The S\&P 500 is the standard portfolio used to represent "the market" when using the CAPM in practice. D. A market index reports the value of a particular portfolio of securities