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Author Question: Assume that the S&P 500 composite stock index closes at 2,500. This means that (Read 99 times)

BSITTON

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Assume that the S&P 500 composite stock index closes at 2,500. This means that
◦ the average stock in the index is selling for $25.00.
◦ an investor would have to pay $2,500 to purchase one share of each of the stocks represented in the index.
◦ The average value of a company reflected in the Index has doubled from when the Index was at 1,250.
◦ the share prices of the stocks in the index have risen 25 times since the 1941-1943 base period.


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Marked as best answer by BSITTON on Mar 29, 2022

ElaneShive

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BSITTON

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


ttt030911

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Reply 3 on: Yesterday
:D TYSM

 

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