Which of the Following Is NOT a Characteristic of the Dow

question 62

Multiple Choice

Which of the following is NOT a characteristic of the Dow Jones Industrial Average?

• A)It includes only very high quality common stock
• B)It generally follows the trend of the market
• C)The companies included comprise over 25% of the market value of companies listed on the New York Stock Exchange
• D)It is a value-weighted average
• E)Dividends require adjustments to the divisor

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Definitions:

Ultralight Airplane

A type of light aircraft that weighs less than a certain amount and is designed for recreational flying, often not requiring a traditional pilot's license in some jurisdictions.

Tenants In Common

Owners of an undivided interest in property, with each owner’s rights going to his or her heirs upon death rather than to the surviving co-tenants.

Interstate Highway

A network of controlled-access highways that forms part of the National Highway System in the United States, designed for high-speed vehicular traffic.

Farm-To-Market Road

A state or county road that connects rural or agricultural areas to market towns or cities.