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Which of the following statements is CORRECT? (A) Dow Jones Industrial Average is a value-weighted index. (B) S&P 500 index consists of 30 major stocks.

Which of the following statements is CORRECT?

(A) Dow Jones Industrial Average is a value-weighted index.
(B) S&P 500 index consists of 30 major stocks.
(C) If the stock price of Apple increases by 1 dollar, then DJIA will increase by about 14.6 cents, assuming the prices of all other stocks remain the same.
(D) If you construct a portfolio that consists of all the assets over the world, then the portfolio becomes risk free asset.
(E) Market risk is non-diversifiable.

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