Suppose You Invest $15,000 by Purchasing 200 Shares of Abbott

question 93

Multiple Choice

Suppose you invest $15,000 by purchasing 200 shares of Abbott Labs (ABT) at $40 per share, 200 shares of Lowes (LOW) at $20 per share, and 100 shares of Ball Corporation (BLL) at $30 per share. The weight of Ball Corporation in your portfolio is ________.

• A) 50.00%
• B) 40.00%
• C) 20.00%
• D) 30.00%

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Definitions:

Promissory Note

A written, legally binding agreement in which one party promises to pay another a specific sum of money by a set date.

Revised Article 3

An updated version of Article 3 of the Uniform Commercial Code (UCC) that governs negotiable instruments, including checks and promissory notes.

UCC

Uniform Commercial Code, a set of laws that provide legal rules and regulations governing commercial or business dealings and transactions in the United States.

Typewritten Words

Text that has been produced using a typewriter or similar keyboard-driven device.