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Assume 3 stocks X,Y and Z and construct an index consisting of the top 2 stocks by market capitalisation. Z declares a dividend of $2
Assume 3 stocks X,Y and Z and construct an index consisting of the top 2 stocks by market capitalisation. Z declares a dividend of $2 per share and its stock trades 'cum div' Period 2 and 'ex div' Period 3 Estimate the value of the accumulation index in period 3 . A) 2.2 or 2,200 B) 3.857 or 3,857 C) 4.0 or 4,000 D) 4.333 or 4,333 E) None of the above
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