Session 13: Market Organization, Market Indices, and Market Efficiency Reading 56: Security Market Indices
LOS a: Describe a security market index.
When using a security market index to represent a market’s performance, the performance of that market over a period of time is best represented by:
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B) |
the change in the index value. | |
C) |
the percent change in the index value. | |
Percentage changes in the value of a security market index over time represent the performance of the market, segment, or asset class from which the securities are chosen. |