Question: Use the following information relating to a float-adjusted market-capitalization-weighted equity index Security Shares Outstanding % of Shares in the Market Float Price at the End
Use the following information relating to a float-adjusted market-capitalization-weighted equity index
| Security | Shares Outstanding | % of Shares in the Market Float | Price at the End of 2009 ($) | Price at the End of 2010 ($) | Dividends per Share ($) |
|---|---|---|---|---|---|
| A | 20,000 | 41% | 42 | 38 | 0.85 |
| B | 15,000 | 37% | 54 | 51 | 2.15 |
| C | 20,000 | 53% | 27 | 35 | 1.12 |
Assume that all dividend payments are made at the end of the year.
The number of shares of Security C in the index on December 31, 2010 is closest to:
- 10,600
- 20,000
- 8,200
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