Treasury bills are financial instruments initialily sold byto raise funds a. commercial banks b. the Federal Government C. large corporations d. state and city governments The Dow Jones Industrial Average is a. a price weighted average b. a value weight and average e an equally weighted average d. an unweighted average Prefarmet srock s the long term deabs in hat_ a. it gives the holder voting power regarding the firm's management b. it promises to pa c. the dividend is a tax-deductible expense for the firm d. all of the above y to its holder a fixed stream of income each year 8. The Standard and Poor's 500 is a(n) -weighted index. a. equally b. price c. value d. none of the above The Hydro Index is a price weighted stock index based on the 5 largest boat manufacturers the nation. The stock prices for the give stocks are $15, $21, $65, $55 and $41. What is the price weighted index value of the Hydro Index. 9. A) 28.90 B) 39.40 C) 41.23 D) 45.65 10. Purchases of new issues of stock take place a. at the desk of the Fed b. in the primary market c. in the secondary market d. none of the above