The type of index in which the current values of stock are added together and divided by the value of stock on base date, is classified as __________?

Correct answer: A. value weighted index

  • A. value weighted index
  • B. herring weighted index
  • C. primary market index
  • D. stock market index

Explanation

A value-weighted index compares the total current market value of its constituent stocks with their total value on a base date. Larger companies therefore have greater influence on the index than smaller companies.

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