36. Use the following information regarding an equal-weighted equity index and assume that all dividend payments are made at the end of the year.

Security	Price at the End of 2018	Price at the End of 2019	Dividends per Share
A	$20	$25	$0.50
B	$50	$45	$0.20
C	$31.25	$36	$0.40
D	$100	$135	$0.50

Note: The dollar value of the index on December 31, 2018 is $10,000 and using a divisor of 10, the index level equals 1,000.

The weight of Security B in the index on December 31, 2019 before rebalancing is closest to:

a. 18.55%

b. 25.00%

c. 19.35%

d. 22.15%

e. 16.75%