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You buy 95 shares of Tidepool Co. for $45 each and 185 shares of​ Madfish, Inc.,...

You buy 95 shares of Tidepool Co. for $45 each and 185 shares of​ Madfish, Inc., for $16 each.

What are the weights in your​ portfolio___?

The weight of Tidepool Co. stock in the portfolio is___? (Round to one decimal​ place.)

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Answer #1

Total Value of Tidepool Co. stock = 95 * $45 = $4,275

Total Value of Madfish Inc stock = 185 * $16 = $2,960

Weight of Tidepool Co. stock = $4,275/($,275 + $2,960) = 59.1%

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