In July 2003, the S&P 500 index was at 1,000. a. What is
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In July 2003, the S&P 500 index was at 1,000. a. What is the S&P 500 index? b. Where is the S&P today? c. If you had inv
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In July 2003, the S&P 500 index was at 1,000. a. What is the S&P 500 index? b. Where is the S&P today? c. If you had invested $10,000 in July 2003 and your investments had increased in value by the same percentage as the S&P 500 index had increased, how much would you have today? d. Assume that the total stock market holdings of the household sector were about $12 trillion and that the entire stock market went up/down by the same percentage as the S&P. Evidence suggests that the
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