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Ryan37sport Ryan37sport
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2 years ago
Assume that the S&P 500 composite stock index closes at 2,500. This means that

▸ the average stock in the index is selling for $25.00.

▸ an investor would have to pay $2,500 to purchase one share of each of the stocks represented in the index.

▸ The average value of a company reflected in the Index has doubled from when the Index was at 1,250.

▸ the share prices of the stocks in the index have risen 25 times since the 1941-1943 base period.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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wordnerdwordnerd
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Ryan37sport Author
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2 years ago
Smart ... Thanks!
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Thanks
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This helped my grade so much Perfect
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