A Portfolio Consists of the Following Securities A)183
B)

question 59

Multiple Choice

A portfolio consists of the following securities. What is the portfolio weight of Stock X?
$\begin{array}{ccc}\text { Stock }&\text { Number of}&\text { Price per Share } \\&\text { Shares }\\\text {X }& 600 & \$ 17 \\\text {Y }& 900 & \$ 23 \\\text {Z} & 400& \$ 49\end{array}$

• A).183
• B).202
• C).219
• D).246
• E).285

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Definitions:

Effective Interest Rate

The actual return on an investment, taking into account the effect of compounding interest as opposed to the nominal rate.

Contract Interest Rate

The interest rate specified in a loan agreement or contract, typically fixed for the life of the loan.

Face Value

The nominal value or dollar value of a security stated by the issuer, also known as par value, especially relevant for bonds and stock certificates.

Market Rate

The prevailing interest rate available in the marketplace on investments or loans, subject to changes based on supply and demand and economic conditions.