Use the following information regarding an equal-weighted equity index Security Price at the...
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Accounting
Use the following information regarding an equal-weighted equity index
| Security | Price at the End of 2009 ($) | Price at the End of 2010 ($) | Dividends per Share ($) |
|---|---|---|---|
| A | 20 | 25 | 0.5 |
| B | 50 | 45 | 0.2 |
| C | 31.25 | 36 | 0.4 |
| D | 100 | 135 | 0.5 |
Assume that all dividend payments are made at the end of the year.
Note: The dollar value of the index on December 31, 2009 is $10,000 and using a divisor of 10, the index level equals 1,000.
The number of shares of Security C in the index on December 31, 2009 is closest to:
- 80
- 50
- 125
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