Although Standard and Poor's Composite Index contains a small number of U.S.publicly traded stocks,the Index represents:
A) all stocks that prefer to be equally weighted.
B) all stocks that prefer to be value-weighted.
C) approximately 50% of U.S. stocks traded, in value.
D) approximately 75% of U.S. stocks traded, in value.

Question

Quizplus · Accepted Answer

The Standard and Poor's Composite Index, commonly known as the S&P 500, represents approximately 75% of the U.S. stock market's total value, despite containing only 500 of the largest publicly traded companies.

Although Standard and Poor's Composite Index Contains a Small Number