Which of the following statements is false?
A. The Dow Jones Industrial Average went down by 40 percent during the decade of the 1930s.
B. Based on data from the period between 1926 and 2004, the probability of having a positive return on an investment in the stocks contained in the Dow Jones Industrial Average would have been 97.1 percent if the stocks had been held for 10 years.
C. When reading the stock market page of a newspaper, if the column marked "Div." is blank, it means that the company does not currently pay out dividends.
D. A stock that yields 4 percent is better than a stock that yields 5 percent, all else being the same.
Answer: D
You might also like to view...
Cyclical unemployment in an economy will be zero when: a. there is an expansionary gap in the economy
b. the economy is producing its natural rate of output. c. there is a recessionary gap in the economy. d. the actual price level is equal to the expected price level in the economy. e. the actual price level exceeds the expected price level in the economy.
A bubble is best defined as
a. an increase in the price of an asset resulting from fundamentals causes. b. an increase in the price of an asset resulting from factors other than fundamentals causes. c. a decrease in the price of an asset resulting from fundamentals causes. d. a decrease in the price of an asset resulting from factors other than fundamentals causes.