The Standard & Poor's 500 Index Is an Example of a Value

question 48

True/False

The Standard & Poor's 500 index is an example of a value weighted index.

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Definitions:

Delegation

The act of assigning responsibility or authority from one person to another.

Donee Beneficiary

A third party who benefits from a contract made between two other parties, specifically where the intent is to gift a benefit or rights under the contract to the third party.

Promisee

The person to whom a promise is made or a commitment is given.

Promisor

An individual or entity that makes a promise or agreement to perform a specified act or service in a contract.