Essentials of Investments (The Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
Essentials of Investments (The Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
10th Edition
ISBN: 9780077835422
Author: Zvi Bodie Professor, Alex Kane, Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Chapter 2, Problem 22PS
Summary Introduction

To determine:

The effect on the divisor of the dow jones industrial average.

Introduction:

Dow jones industrial average is an index of 30 large companies traded on NY stock exchange. The average price of index is calculated by dividing the price of stock of 30 companies by the number of the companies. Dow jones industrial average reflects the health of the economy. If the economy does well, dow jones industrial average tend to rise and vice versa.

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Chapter 2 Solutions

Essentials of Investments (The Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)

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