SCENARIO 3-11

Multiple Choice

SCENARIO 3-11
Given below are the closing prices for the Dow Jones Industrial Average (DJIA) and the Standard & Poor's (S&P) 500 Index over 10-weeks sometime in the past.

-Referring to Scenario 3-11,for the week when the DJIA is high,you will expect the S&P index in that week to

A) be about the same value as the DJIA
B) be low
C) be high
D) have no relationship with the DJIA value