CFA Practice Question

There are 275 practice questions for this study session.

CFA Practice Question

The daily return for a typical stock market index is equal to the ______.

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
Correct Answer: A

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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