On a Particular Day,there Were 890 Stocks Which Advanced on the NYSE

question 72

Multiple Choice

On a particular day,there were 890 stocks which advanced on the NYSE and 723 which declined.The volume in advancing issues was 80,846,000 and the volume in declining issues was 70,397,000.The common measure of market breadth is __________.

• A) -10,449,000
• B) -167
• C) 167
• D) 10,449,000

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Definitions:

Intrinsic Value

The true, inherent, or fundamental value of an asset, based on both tangible and intangible factors, as opposed to its market price.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.

Book Value

The net worth of common equity according to a firm’s balance sheet.

Common Shares

Equity securities that represent ownership in a corporation, providing voting rights and potential dividends.