单选题 An analyst gathered the following data about common stocks J, K, and L, which together form a value-weighted index:

A、
B、 31 December 2006
C、 31 Decemer 2007
D、 Stocck
E、 price
F、 Shares outstanding
G、 price
H、 Shares outstanding
I、 J
J、 $40
K、 10000
L、 $50
M、 10000
N、 K
O、 $30
P、 6000
Q、 $20
R、 12000 *
S、 L
T、 $50
U、 9000
V、 $40
W、 9000

【正确答案】 C

【答案解析】In a market-value-weighted index, the total ending market value for the securities is divided by the beginning market value for the securities to determine the percentage of change, which in turn is applied to the beginning index value: $1100000/$1030000=1.06796. 1.06796×100=106.796.