Solved

Assume That the S&P 500 Composite Stock Index Closes at 2,000.This

Question 42

Multiple Choice

Assume that the S&P 500 composite stock index closes at 2,000.This means that


A) the average stock in the index is selling for $20.00.
B) an investor would have to pay $2,000 to purchase one share of each of the stocks represented in the index.
C) The average value of a company reflected in the Index has doubled from when the Index was at 1000.
D) the share prices of the stocks in the index have risen 20 times since the 1941-1943 base period.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents