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Basic Question 0 of 14
The daily return for a typical stock market index is equal to the ______.
B. dollar change in closing prices from one trading day to the next
C. percentage change in closing prices from one day to the opening prices of the next
D. dollar change in opening prices from one trading day to the next
A. percentage change in closing prices from one trading day to the next
B. dollar change in closing prices from one trading day to the next
C. percentage change in closing prices from one day to the opening prices of the next
D. dollar change in opening prices from one trading day to the next
User Contributed Comments 2
| User | Comment |
|---|---|
| danlan | Closing price and not opening price |
| sarath | daily return compares the closing prices on two consecutive trading days... |
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Learning Outcome Statements
describe a security market index
calculate and interpret the value, price return, and total return of an index
CFA® 2024 Level I Curriculum, Volume 3, Module 2.