单选题
The data for four stocks in an index are as follows:
| Stock | Shares Outstanding | % Shares in Market Float | Beginning of Period Price($) | End of Period($) | Dividends Per Share($) |
| A | 5,000 | 90 | 40 | 45 | 1,00 |
| B | 2,000 | 100 | 68 | 60 | 0,50 |
| C | 6,000 | 70 | 60 | 70 | 1,50 |
| D | 4,000 | 40 | 20 | 24 | 0,80 |
Assuming the beginning value of the float-adjusted market-capitalization-weighted equity index is 100, the ending value is closest to:
【正确答案】
A
【答案解析】
In float-adjusted market-capitalization weighting, the weight on each constituent security is determined by adjusting its market capitalization for its market float. Per computations shown below, the ending value of the index so computed equals 109.1. (654,900 ÷ 600,000)
