The Dow Jones Industrial Average - Welcome to SIEPR
because before October 1928 the Dow-Jones index did not adjust the divisor when the composition of the index was changed or when stocks in the index split. There have been 48 company substitutions in the index since 1928. Of the original 30 companies in 1928 only 4 are still Dow-components at the end of January 2000.3 The ................
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