Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The financial press tends to become excited when the Dow Jones Industrial Average rises or falls sharply. After a particularly steep rise or fall, newspapers

image text in transcribed
The financial press tends to become excited when the Dow Jones Industrial Average rises or falls sharply. After a particularly steep rise or fall, newspapers may publish tables ranking the day's results with other large advances or declines. If you were asked to construct a table of the best and worst days in stock market history, how would you do it, and why? Expressing market performance as a percentage change is best since this method incorporates the actual level of the index in the calculation Expressing market performance in absolute value terms is preferred since this method treats increases and decreases in value more uniformly Expressing market performance as a dollar value is preferred since this puts any changes in terms that are most relevant to investors. Expressing market performance in point values is preferred since this the most objective way to look at changes in index values

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Guidelines For Auditing Process Safety Management Systems

Authors: CCPS Center For Chemical Process Safety

2nd Edition

0470282355, 978-0470282359

More Books

Students also viewed these Accounting questions

Question

Discuss the techniques of job analysis.

Answered: 1 week ago

Question

How do we do subnetting in IPv6?Explain with a suitable example.

Answered: 1 week ago

Question

Explain the guideline for job description.

Answered: 1 week ago

Question

What is job description ? State the uses of job description.

Answered: 1 week ago

Question

What are the objectives of job evaluation ?

Answered: 1 week ago