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XYZ corporation has issued 1 billion shares and is a component of the FTSE100 index. Yesterday XYZ shares closed at 100p, and the total market
XYZ corporation has issued 1 billion shares and is a component of the FTSE100 index. Yesterday XYZ shares closed at 100p, and the total market capitalisation of the FTSE100 index was 130billion. Today XYZ prices closed at 92p. How much did this share price movement contribute to movement in the overall FTSE100 index?
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Financial Markets And Institutions
Authors: Stanley Eakins Frederic Mishkin
9th Global Edition
1292215003, 978-1292215006
