Below you will find information about two publicly traded companies. What is the weighting of Musical...

  

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Below you will find information about two publicly traded companies. What is the weighting of Musical Madness Inc. in a stock index? (i.e., what percentage of the stock index does Musical Madness Inc. comprise?) Price: Shares outstanding Market capitalization Musical Madness $1,422.12 350,000,000 Inc. Blasted Beats Inc. $1,240.89 120,000,000 S&P 500 (all stocks) $18,643 $40,150,000,000,000 DJIA (all stocks) $36,953 $40,490,000,000 You have invested in a public company that currently has a market value of $420,000,000 and pays dividends quarterly. The company has had an IPO and several FPOS, and the number of shares actively traded is 360,000. You own 500 of those shares. If the dividend yield was 5.5%, what is the dollar amount you earned in dividends in the last quarter? Below you will find information about two publicly traded companies. What is the weighting of Musical Madness Inc. in a stock index? (i.e., what percentage of the stock index does Musical Madness Inc. comprise?) Price: Shares outstanding Market capitalization Musical Madness $1,422.12 350,000,000 Inc. Blasted Beats Inc. $1,240.89 120,000,000 S&P 500 (all stocks) $18,643 $40,150,000,000,000 DJIA (all stocks) $36,953 $40,490,000,000 You have invested in a public company that currently has a market value of $420,000,000 and pays dividends quarterly. The company has had an IPO and several FPOS, and the number of shares actively traded is 360,000. You own 500 of those shares. If the dividend yield was 5.5%, what is the dollar amount you earned in dividends in the last quarter?

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Answer To find the weighting of Musical Madness Inc in a stock index we need to calculate the market ... View the full answer