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- W2268691555 abstract "This article presents an active learning exercise designed to teach students computation of market indices and effects of methodologies on estimates of market returns. Students use prices from the new Warsaw Stock Exchange to compute two indices, an arithmetic average index and a value-weighted index, which are then compared to the actual Warsaw Stock Exchange (WSE) Index, a geometric average of price relatives. The Polish stock price data is particularly valuable to a student exercise for the following reasons: The database is small and thus easily managed by students. The WSE opened with only five issues and added four more during the period studied. The addition of more firms demonstrates adjustments necessary to maintain continuity of indices. With the WSE prices during this period, market trend lines vary, in degree and direction, depending on index method used." @default.
- W2268691555 created "2016-06-24" @default.
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- W2268691555 date "1998-06-25" @default.
- W2268691555 modified "2023-09-23" @default.
- W2268691555 title "Market Indices: A Learning Exercise Using Warsaw Stock Exchange Prices" @default.
- W2268691555 hasPublicationYear "1998" @default.
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