Multiple Choice
Which one of the following is a true statement regarding the Dow Jones Industrial Average?
A) It is a value-weighted average of 30 large industrial stocks.
B) It is a price-weighted average of 30 large industrial stocks.
C) It is a price-weighted average of 100 large stocks traded on the New York Stock Exchange.
D) It is a value-weighted average of all stocks traded on the New York Stock Exchange.
Correct Answer:
Verified
Correct Answer:
Verified
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