Use the Table for the Question(s)below

question 70

Multiple Choice

Use the table for the question(s) below.
Consider the following stock price and shares outstanding data:
-If you are interested in creating a value-weighted portfolio of these four stocks,then the percentage amount that you would invest in Lowes is closest to:

• A)25%
• B)11%
• C)20.0%
• D)12%

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Definitions:

Ownership Percentage

The share or portion of ownership an individual or entity holds in an asset or business, usually represented as a percentage.

Raw Materials

Unfinished goods or materials consumed in the manufacturing process to create a final product.

Currency Exchange Rates

The worth of a currency in exchange for a different currency.

Equivalent Amount

The equal value of currency or expression of a sum in a different form or denomination, maintaining its value.