Question $6$

$1$ pts

Which of the following statements about the Dow Jones Industrial Average is INCORRECT?

I. Lower$-$priced stocks tend to affect the index less than higher$-$priced stocks.

II$.$

The empirical performance of the DJIA is always better than the performance of the S&P $500$ during periods of crisis.

III. The DJIA divisor increases after a stock split.

I and III only

I and II only

I, II and III

II and III only