A portfolio has 80 shares of Stock A that sell for $37 per share and 115 shares of Stock B that sell for $21 per share.    What is the portfolio weight of Stock A? What is the portfolio weight of Stock B?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter8: Basic Stock Valuation
Section: Chapter Questions
Problem 21MC
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A portfolio has 80 shares of Stock A that sell for $37 per share and 115 shares of Stock B that sell for $21 per share.
  
What is the portfolio weight of Stock A?
What is the portfolio weight of Stock B?
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