float-adjusted market-capitalization-weighted equity index

[Daniel1985]

Hi there,
question about CFA Mock Morning Q# 82.
“Assuming the beginning value of the float-adjusted market-capitalization-weighted equity index is 100, the ending value is closest to:”
They are asking about the value of the float-adjusted market-capitalization-weighted equity index.
I included the dividends here. Apparently this is not correct.
Do we always exclude the dividends doing this calculation? I don’t read anything abou a Price or Total return here….
Thanks in advance!

 

[cpk123]

market cap is only the market cap. you do not need anything else.
so if a market cap is 100 Mill, float value = 0.65 -> for the purposes of the calculation -> you would use 65 mill.