• 2022-05-26
    With regard to stock market indexes, it is least likely that:()
    A: the use of a geometric mean produces a downward bias on an equal-weighted index compared to the use of an arithmetic mean.
    B: the use of price weighting versus market value weighting produces a downward bias on the index.
    C: a value-weighted index must be adjusted for stock splits but not for dividends.