问题
单项选择题
Which of the following statements about indexes is TRUE （）
A. A price-weighted index assumes an equal number of shares (one of each stock) represented in the index.
B. An unweighted index assumes a proportionate market value investment in each company in the index.
C. A value weighted index assumes an investor makes and maintains an equal dollar investment in each stock in their portfolio.
答案
参考答案：A
解析：
The descriptions of value weighted and unweighted indexes are switched. The denominator of a price-weighted index must be adjusted to reflect stock splits and changes in the sample over time. A market value-weighted series assumes you make a proportionate market value investment in each company in the index.