问题
单项选择题
In calculating the Standard & Poor's stock price indices, the adjustment for stock splits occurs:()
A. by adjusting the divisor.
B. automatically, due to the manner in which the index is calculated.
C. by adjusting the numerator.
答案
参考答案:B
解析:
The S&P 500 index is a market value-weighted index, so it is unaffected by stock splits. Only changes in the value of a company will cause the index to move.