Multiple Choice
Which of the following statements regarding the Dow Jones Industrial Average (DJIA) is false?
A) The DJIA is a measure of the performance of the stock market.
B) The DJIA consists of 30 blue chip stocks.
C) The DJIA is affected equally by changes in low- and high-priced stocks.
D) The DJIA divisor needs to be adjusted for stock splits.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Unsecured bonds are called<br>A) junk bonds.<br>B) debentures.<br>C)
Q73: A put option allows the holder to<br>A)buy
Q74: You purchased a futures contract on oats
Q75: T-bills are financial instruments initially sold by
Q76: An investor purchases one municipal and one
Q77: You sold a futures contract on corn
Q78: The _ is an example of a
Q79: A bond that can be retired prior
Q80: The interest rate charged by banks with
Q82: The price quotations of Treasury bonds in