The Most Widely Followed Stock Average Is the

question 11

Multiple Choice

The most widely followed stock average is the

• A)Dow Jones Industrial Average.
• B)Standard & Poor's Index.
• C)New York Stock Exchange Index.
• D)American Stock Exchange Index.
• E)Wall Street Journal Index.

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Definitions:

Common Stock

A type of security that represents ownership in a corporation, entitling the holder to vote on corporate matters and receive dividends.

Paid-In Capital

Represents the funds raised by a company through the sale of its own shares rather than through borrowed capital or earnings.

Stock Dividend

A dividend payment to shareholders in the form of additional shares of stock, rather than cash.

Par Value

The nominal or face value of a bond, share of stock, or coupon as indicated on the certificate. It is a legal amount per share that represents the minimum stock value.