单选题

A market index only contains the following three securities:

Security Beginning of period price per share($) Market cap($ in millions)
X 100 100
Y 200 150
Z 110 300

Which approach to indexing will most likely give Security X a weight of 18%?

【正确答案】 C
【答案解析】

C is correct. Per computations shown below, the market-capitalization index will give Security X the lowest weight in the index.