Multiple Choice
The Dow Jones Industrial Average (DJIA) is computed by
A) adding the prices of 30 large "blue-chip" stocks and dividing by 30.
B) calculating the total market value of the 30 firms in the index and dividing by 30.
C) adding the prices of the 30 stocks in the index and dividing by a divisor.
D) adding the prices of the 500 stocks in the index and dividing by a divisor.
E) adding the prices of the 30 stocks in the index and dividing by the value of these stocks as of some base date period.
Correct Answer:

Verified
Correct Answer:
Verified
Q62: The _ index represents the performance of
Q63: A 5.5%, 20-year municipal bond is currently
Q64: Consider the following three stocks:
Q65: For a taxpayer in the 12% marginal
Q66: Freddie Mac and Ginnie Mae were organized
Q68: The index that includes the largest number
Q69: The maximum maturity of commercial paper that
Q70: A municipal bond issued to finance an
Q71: Deposits of commercial banks at the Federal
Q72: Corporations can exclude _% of the dividends