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Options
- A
The simple average price of all index stocks at inception scaled to 100
- B
The market capitalization of all index stocks at inception scaled to 1000
- C
The value-weighted average prices of all index stocks at inception scaled to 100
-
An arbitrary value chosen at inception to set the index to a desired value
Correct answer
Why this is the answer
The divisor is set at index inception to calibrate the index to a specific starting point, like 100 or 1000, and adjusted over time for corporate actions to keep the index consistent.
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