Unformatted text preview: actually sells it for more than they paid for it • Reasons for stock prizes o Expectations of future dividends (payouts) o Expectations of when dividends will be received • Dow Jones Industrial Average-an index based on the stock prices of 30 actively traded large companies the oldest and most widely followed index of stock market performance • NASDAQ composite- index based on stock prices of 5000+ companies traded on NASDAQ stock market. Takes name form National Association of Securities Dealers Automated Quotation System • Standard and Poor’s 500- based on standard prices of largest 500+ firms traded on NYSE, NASDAQ, and American Stock Exchange...
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- Fall '06
- Macroeconomics, Stock exchange