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. 39.11% B. 19.56% C. 48.89% D. 29.33%
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. 39.11% B. 19.56% C. 48.89% D. 29.33%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![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. 39.11%
B. 19.56%
C. 48.89%
D. 29.33%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1890e4cf-0d68-442f-a020-6896474b9f32%2F3794355b-bb8c-4cf1-a86e-e7bb5b6cbdad%2Foq147ga.png&w=3840&q=75)
Transcribed Image Text: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. 39.11%
B. 19.56%
C. 48.89%
D. 29.33%
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