4.) If the investment policy committee decides to accept Gatchell's recommendation to also
use passive investing, the index structure that least likely meets Gatchell's requirement
is:
A. a price-weighted index.
B. an equal-weighted index.
C. a value-weighted index.
Answer = B
"Equity Portfolio Management," Gary L. Gastineau, Andrew R. Olma, and Robert G.
Zielinski
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