Use the following information relating to a float-adjusted market-capitalization-weighted Security % of Shares in the Market Float Price at the End of 2009 ($) A B C Shares Outstanding 20,000 15,000 1.5.11% 2. 6.22% 3. 7.11% 41% 37% 53% 42 54 20,000 Assume that all dividend payments are made at the end of the year. The total return on the index is closest to: 27 equity index Price at the End of 2010 ($) 38 51 35 Dividends per Share ($) 0.85 2.15 1.12

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 88PSA: Ratio Analysis Consider the following information taken from the stockholders equity section: How do...
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Use the following information relating to a float-adjusted market-capitalization-weighted equity index
Security
% of Shares in the Market
Float
A
B
C
Shares
Outstanding
20,000
15,000
5.11%
1.
2. 6.22%
3. 7.11%
41%
37%
53%
Price at the End of 2009
($)
42
54
20,000
Assume that all dividend payments are made at the end of the year.
The total return on the index is closest to:
27
Price at the End of 2010
($)
38
51
35
Dividends per Share
($)
0.85
2.15
1.12
Transcribed Image Text:Use the following information relating to a float-adjusted market-capitalization-weighted equity index Security % of Shares in the Market Float A B C Shares Outstanding 20,000 15,000 5.11% 1. 2. 6.22% 3. 7.11% 41% 37% 53% Price at the End of 2009 ($) 42 54 20,000 Assume that all dividend payments are made at the end of the year. The total return on the index is closest to: 27 Price at the End of 2010 ($) 38 51 35 Dividends per Share ($) 0.85 2.15 1.12
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