Which of the following is true of the Dow Jones Industrial Average?

The divisor must be adjusted for stock splits.

It is a price-weighted average of 30 large industrial stocks.

It is a price-weighted average of 30 large industrial stocks and The divisor must be adjusted for stock splits.

It is a value-weighted average of 30 large industrial stocks and The divisor must be adjusted for stock splits.

It is a value-weighted average of 30 large industrial stocks