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Homework answers / question archive / You have a portfolio that consists of equity ownership in three firms

You have a portfolio that consists of equity ownership in three firms

Finance

You have a portfolio that consists of equity ownership in three firms.You own 450 shares of Stout Drink Company (SDC), 750 shares of Carbon Computing (CC) and 400 shares of Serrano Foods (SF). Their current share prices are $84, $42, and $144, respectively. What is the percentage weight of SF in your portfolio? (Allow two decimals in the percentage but do not enter the % sign.)

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Answer:
Percentage weight of SF in your portfolio = 45.39%

(Eliminate the % sign while entering your answer, I am doing it here for clear explanation.)

Step-by-step explanation

Portfolio:

Stout Drink Company (SDC) = 450 shares * $84 = $37,800

Carbon Computing (CC) = 750 shares * $42 = $31,500

Serrano Foods (SF) = 400 shares * $144 = $57,600

Total value of Portfolio = $126,900

Percentage weight of SF in your portfolio = Value if SF / Total Value of portfolio

= $57,600 / $126,900

= 0.4539 or 45.39%

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