The Value Line Index is designed to reflect changes in the value of a portfolio of over

Question:

The Value Line Index is designed to reflect changes in the value of a of over 1,600 equally weighted Prior to March 9, 1988, the change in the index from one day to the next was calculated as the geometric average of the changes in the prices of the underlying the index. In these circumstances, does equation (5.8) correctly relate the futures price of the index to its cash price? If not, does the equation overstate or understate the futures price?
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...