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Of the following broad-based indexes, the one with the narrowest measure of the market is the: a) SP500 index b) New York Stock Exchange Composite Index c) Dow Jones Industrial Average d) The Wilshire Associates Equity Index
Of the following broad-based indexes, the one with the narrowest measure of the market is the: a) SP500 index b) New York Stock Exchange Composite Index c) Dow Jones Industrial Average d) The Wilshire Associates Equity Index
Final answer:In the context ofstock market indexes, the Dow Jones Industrial Average has the narrowest measure of the market among the listed indexes as it only tracks the stock prices of 30 large U.S. companies. The correct option is C.Explanation:Of the mentioned broad-based indexes in your question, the one with the narrowest measure of the market is theDow Jones Industrial Average.This is because the Dow Jones Industrial Average only tracks thestock pricesof 30 large U.S. companies, unlike the other indexes which consider more companies.In contrast, the S&P 500 covers the top 500 companies in the U.S., making it a broader index. The New York Stock Exchange Composite takes into account all the companies listed on theNYSE.The Wilshire 5000, despite its name, covers a large number of U.S. companies, essentially all that have publically traded stocks.Learn more about stock market indexes here:brainly.com/question/32248762#SPJ11...