单选题
An analyst does research about securities market indices and gathers the following information is about a value-weighted index comprised of three non-dividend paying stocks:
| 31 December 2011 | 31 December 2010 |
| Stock | Share price | Outstanding shares | Share price | Outstanding shares |
| 1 | $23.00 | 3400 | $25.50 | 3400 |
| 9 | $19.50 | 6600 | $16.00 | 6600 |
| 3 | $33.00 | 4600 | $20.50 | 9200 |
If the index value on 31 December 2010 was 102.5, the index value on 31 December 2011 is closest to:
A. 99.7
B. 96.5
C. 108.8