A Stock Market Comprises 4700 Shares of Stock a and 2300

question 25

Multiple Choice

A stock market comprises 4700 shares of stock A and 2300 shares of stock B. Assume the share prices for stocks A and B are $25 and $30, respectively. What proportion of the market portfolio is comprised of stock A?

• A) 63.0%
• B) 62.0%
• C) 61.3%
• D) 79%

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Definitions:

Chemical Element

A pure substance consisting entirely of one type of atom, distinguished by its atomic number, which is the number of protons in its nuclei.

Metal

A category of elements that are typically hard, opaque, shiny, and good conductors of electricity and heat.

Transcendentalists

A group of 19th-century American philosophers and writers who believed in the inherent goodness of people and nature, emphasizing self-reliance and individualism.

New England

A region in the northeastern United States comprising six states: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont, known for its colonial history and distinct seasonal changes.