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.
E) The value of the DJIA is much higher than individual stock prices.
Correct Answer:

Verified
Correct Answer:
Verified
Q75: You purchased a futures contract on corn
Q76: A corporate bond is listed in the
Q77: You sold a futures contract on corn
Q78: In the event of the firm's bankruptcy,<br>A)
Q79: With regard to a futures contract, the
Q81: The type of municipal bond that is
Q82: The price quotations of Treasury bonds in
Q83: Which of the following statements is true
Q84: T-bills are financial instruments initially sold by
Q85: Commercial paper is a short-term security issued