- UID
- 222275
- 帖子
- 265
- 主题
- 58
- 注册时间
- 2011-7-2
- 最后登录
- 2014-6-29
|
Guys,
I got screwed on a simple question in the mock. I calculated the market weighted return as sum of stock returns weighted by market cap. However, that was different from sum of market caps relative difference. If assume no splits/dividends, how can the two be different? Stock issue and repurchase I guess, which it means that the index adjusts for this.
Am I correct?
Thanks |
|