Mike Invests $10,000 in the Dow Jones Industrial Index on January

question 250

True/False

Mike invests $10,000 in the Dow Jones Industrial Index on January 1, 2006 when the index was at 11,357. At the end of 2016, the index was at 11,578. The value of Mike's investment after the ten years was $10265.60

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Definitions:

Director

A member of the board of directors of a company who is responsible for participating in the decision-making processes regarding the company's management.

Officer Of The Corporation

A high-level management official within a corporation, usually appointed by the board of directors, responsible for day-to-day operations and implementing corporate policies.

Shareholder's Loan

Money lent to a corporation by its shareholders, which is sometimes considered a part of the equity of the business.

Annual Returns

Financial documents that corporations must file yearly, detailing their operational performance, financial status, and other critical information.