Suppose You Invest $22,500 by Purchasing 200 Shares of Abbott

question 3

Multiple Choice

Suppose you invest $22,500 by purchasing 200 shares of Abbott Labs (ABT) at $55 per share, 200 shares of Lowes (LOW) at $35 per share, and 100 shares of Ball Corporation (BLL) at $45 per share. The weight of Abbott Labs in your portfolio is ________.

• A) 48.89%
• B) 39.11%
• C) 29.33%
• D) 19.56%

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Definitions:

Nixon

37th President of the United States, known for his policy of détente with the Soviet Union and the scandal of Watergate that led to his resignation.

Kissinger

Refers to Henry Kissinger, a significant figure in American foreign policy, known for his role as Secretary of State and National Security Advisor during the Nixon and Ford administrations, his diplomacy tactics, and his contributions to international relations.

Détente-Style Diplomacy

A strategy aimed at easing geopolitical tensions between nations, characterized by negotiation and cooperation rather than confrontation.

Zbigniew Brzezinski

A political scientist and statesman who served as United States National Security Advisor under President Jimmy Carter from 1977 to 1981, notable for his role in U.S. foreign policy during the Cold War.