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.

Given that the index value on December 31, 2009 was 1,000, the value of the price return index at December 31, 2010 is closest to:

1. 1,038
2. 965.65
3. 1,124.17