You Own a $46,000 Portfolio Comprised of Four Stocks

question 39

Multiple Choice

You own a $46,000 portfolio comprised of four stocks.The values of Stocks A,B,and C are $5,600,$16,700,and $11,400,respectively.What is the portfolio weight of Stock D?

• A)24.57 percent
• B)25.39 percent
• C)30.33 percent
• D)32.10 percent
• E)32.58 percent

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Definitions:

Legal Authority

The right and power to enforce laws, exact obedience, or make decisions and judgments.

Deeds

Legal documents representing the ownership of property or legal rights.

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Promises made by individuals to each other during a wedding ceremony, signifying their commitment and intentions for their marriage.

Invisible Hand

A metaphor used by Adam Smith to describe the unintended social benefits resulting from individual actions.