The Value of a Standard & Poor's Index Is Computed

The value of a Standard & Poor's Index is computed by

A) dividing the sum of the closing share prices by an adjusted divisor.
B) dividing the sum of the closing share prices by a divisor and then multiplying the quotient by 100.
C) dividing the sum of the current market value of all the stocks in the index by a divisor adjusted for changes in the companies composing the Index.
D) dividing the sum of the current market value of all the stocks in the index by a divisor that adjusts for stock splits and scales the Index figure to a manageable size.