Which of the Following Is NOT a Characteristic of the Dow

Multiple Choice

Which of the following is NOT a characteristic of the Dow Jones Industrial Average?

A) It includes only very high quality common stock
B) It generally follows the trend of the market
C) The companies included comprise over 25% of the market value of companies listed on the New York Stock Exchange
D) It is a value-weighted average
E) Dividends require adjustments to the divisor