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A portfolio has 250 shares of Stock C that sells for $47 and 215 shares of Stock D that sells for $28
A portfolio has 250 shares of Stock C that sells for $47 and 215 shares of Stock D that sells for $28. What is Stock C's weight?
Expert Solution
Total value of:
C=(250*47)=11750
D=(215*28)=6020
Total=11750+6020
=$17770
Hence weight of C=11750/17770
=0.6612(or 66.12% approx)
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