Question
A stock market comprises 4400 shares of stock A and 1700 shares of stock B. Assume the share prices for stocks A and B are $2
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Answer #1

Total Stock A shares 4400 share price 25

Total stock B shares 1700 share price 30

Total market value is (4400*25)+(1700+30)

=110000+51000=161,000

Share of Stock A is 110000/161000=0.6832291

Money invested in stock A is 15000*0.6832291

=10248.45

Answer is d. 10248.45

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