If You Own 400 Shares of Xerox at $15

question 87

Multiple Choice

If you own 400 shares of Xerox at $15.00,500 shares of Qwest at $10.00,and 350 shares of Liz Claiborne at $45.00,what are the portfolio weights of each stock?

• A) Weight of Xerox: 22.43 percent; Weight of Qwest: 11.09 percent; Weight of Liz Claiborne: 58.88 percent
• B) Weight of Xerox: 34.67 percent; Weight of Qwest: 16.69 percent; Weight of Liz Claiborne: 48.64 percent
• C) Weight of Xerox: 22.43 percent; Weight of Qwest: 18.69 percent; Weight of Liz Claiborne: 58.88 percent
• D) Weight of Xerox: 36.98 percent; Weight of Qwest: 61.07 percent; Weight of Liz Claiborne: 1.95 percent

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Definitions:

Conspicuous Consumption

The purchase and prominent display of luxury goods to provide evidence of a consumer’s ability to afford them.

Taste Test

An evaluation process where individuals sample and rate different foods or beverages based on flavor, texture, and other sensory attributes.

Crowding

A subjective feeling of having less space than desired, often due to a high density of people or objects.

Ethnographic

A research method that attempts to provide a close understanding of people and cultures.