单选题 An analyst does research about equity indices and gathers the following information for a market-capitalization-weighted index consisting of the shares in three companies:
Company Beginning Share
Prices
Ending Share
Prices
Dividends per
Share
Outstanding Shares
1 $36 $39 $0.10 2300
2 $22 $20 $0.55 3200
3 $29 $ 32 $0.75 1500
The total return of the index is closest to:
A. 2.54%
B. 4.02%
C. 4.13%

【正确答案】 C
【答案解析】[解析] 总收益(total return)(包含股利)计算如下:
V0=$36×2300+$22×3200+$29×1500=$196700,V1=$39×2300+$20×3200+$32×1500=$201700,D=$0.10×2300+$0.55×3200+0.75×1500=$3115,总收益=($201700-$196700+$3115)/$196700=4.13%。