Which of the following is generally used to measure the market when calculating betas?
A)The Dow Jones Transportations
B)The Standard & Poors 500
C)The Value Line Quantam Index
D)The Lehman Brothers Bond Index

Question

Quizplus · Accepted Answer

The Standard & Poors 500 (S&P 500) is a broad-based index of 500 large companies listed on the New York Stock Exchange or Nasdaq. It is commonly used as a benchmark for the overall US stock market, and thus is generally used to measure the market when calculating betas.

Which of the Following Is Generally Used to Measure the Market