The following table gives you a list of the 30 stocks in the Dow Jones Industrials Average (DJIA) index. their price, and their weights as of December 31, 2022. The last column gives you Question 1: Is the Dow Jones index (circle one) A. A value-weighted index B. A price-weighted index C. An earnings-weighted index D. An equal-weighted index Question 2: Which stock has the largest weight in the Dow Jones index? Use a number from the table to explain why. Question 3: Use data from the table to explain why the stock that you identified in Question 2 should not have the largest weight in the S\&P 500 index. Question 4: The Dow Jones price index level was 36,338.30 on December 31, 2021, and 33,147.25 on December 30,2022 . If you invested in the stocks of the Dow Jones index on December 31,2021 , would the return on your investment be 33,147.25/36,338.301=8.78% ? Explain why or why not. (Hint: Think about the difference between a total return index and a price index.) Question 5: Use Yahoo! Finance and the tab "Historical Data" to find the level of the DJIA price index on January 18,2023 at the close. (If you are in the Mondays section of the class, use January 23 instead of Jamuary 18.) Question 6: Apple is a member of both the Dow Jones index and the S\&P 500 index. On August 31, 2020, Apple had a 4:1 stock split. Each owner of a share got four shares. At the same time, the price of the stock was divided by 4 , so it went from about $500 a share to $125 a share. Did the stock split affect the weight of Apple in the Dow Jones Industrials Index? Why? Did the stock split affect the weight of Apple in the S\&P 500 Index? Why? Question 7: Amazon had a 20:1 stock split on June 6,2022. As a result, the stock price went from $2,447 to $122.35. Do you think that this split will help Amazon get included in the Dow Jones index? Why? The following table gives you a list of the 30 stocks in the Dow Jones Industrials Average (DJIA) index. their price, and their weights as of December 31, 2022. The last column gives you Question 1: Is the Dow Jones index (circle one) A. A value-weighted index B. A price-weighted index C. An earnings-weighted index D. An equal-weighted index Question 2: Which stock has the largest weight in the Dow Jones index? Use a number from the table to explain why. Question 3: Use data from the table to explain why the stock that you identified in Question 2 should not have the largest weight in the S\&P 500 index. Question 4: The Dow Jones price index level was 36,338.30 on December 31, 2021, and 33,147.25 on December 30,2022 . If you invested in the stocks of the Dow Jones index on December 31,2021 , would the return on your investment be 33,147.25/36,338.301=8.78% ? Explain why or why not. (Hint: Think about the difference between a total return index and a price index.) Question 5: Use Yahoo! Finance and the tab "Historical Data" to find the level of the DJIA price index on January 18,2023 at the close. (If you are in the Mondays section of the class, use January 23 instead of Jamuary 18.) Question 6: Apple is a member of both the Dow Jones index and the S\&P 500 index. On August 31, 2020, Apple had a 4:1 stock split. Each owner of a share got four shares. At the same time, the price of the stock was divided by 4 , so it went from about $500 a share to $125 a share. Did the stock split affect the weight of Apple in the Dow Jones Industrials Index? Why? Did the stock split affect the weight of Apple in the S\&P 500 Index? Why? Question 7: Amazon had a 20:1 stock split on June 6,2022. As a result, the stock price went from $2,447 to $122.35. Do you think that this split will help Amazon get included in the Dow Jones index? Why