Question

Suppose you invest $15,000 by purchasing 200 shares of Abbott Labs (ABT) at $40 per share, 200 shares of Lowes (LOW) at $20 p

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

Answer :

Here, We have

Share of Abbott labs = 40 * 200 = 8,000

Share of LOW = 20 * 200 = 4,000

Share of Ball corporation = 30 * 100 = 3,000

Now,

Weight of Ball corporation = Share of Ball corporation / Total portfolio

= 3,000 / 15,000

Weight of Ball corporation = 20%

Add a comment
Know the answer?
Add Answer to:
Suppose you invest $15,000 by purchasing 200 shares of Abbott Labs (ABT) at $40 per share,...
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