Assume that the S&P 500 composite stock index closes at 2,000. This means that
A) the average stock in the index is selling for $20.00.
B) an investor would have to pay $2,000 to purchase one share of each of the stocks represented in the index.
C) The average value of a company reflected in the Index has doubled from when the Index was at 1000.
D) the share prices of the stocks in the index have risen 20 times since the 1941-1943 base period.
Answer: C
Business
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