Use the Information for the Question(s)below

question 58

Multiple Choice

Use the information for the question(s) below.
Suppose you invest $20,000 by purchasing 200 shares of Abbott Labs (ABT) at $50 per share,200 shares of Lowes Companies,Inc.(LOW) at $30 per share,and 100 shares of Ball Corporation (BLL) at $40 per share.
-The weight on Abbott Labs in your portfolio is:

• A)50%.
• B)40%.
• C)30%.
• D)20%.

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Definitions:

Credit Cards

Financial tools issued by banks that allow users to borrow funds within an agreed limit for purchases or cash advances.

APR

Annual Percentage Rate, a measure used to calculate the cost of borrowing, including interest and other charges, expressed as a yearly rate.

Finance Charges

The total cost of borrowing, including interest and any other charges assessed by the creditor.

APR

The Annual Percentage Rate, a measure used to calculate the cost of borrowing, including interest and other fees, shown as a yearly rate.