Question

You own 325 shares of Stock X at a price of $22 per share, 195 shares of Stock Y at a price of $45 per share, and 260 shares

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Total value of:

X=(325*22)=7150

Y=(195*45)=8775

Z=(260*68)=17680

Total value=(7150+8775+17680)=33605

Hence weight of Y=8775/33605

=0.2611(Approx).

Add a comment
Know the answer?
Add Answer to:
You own 325 shares of Stock X at a price of $22 per share, 195 shares...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT