The value of the shares in the S&P 500 index is $12,2708. Apple Inc. is the largest company in the index-it is worth $552.158. If you want to build a portfolio that earns the same return as the S&P 500, what is the portfolio weight on Apple? 4.5% O 3.5% O 5.5% O 6.5 %

The value of the shares in the S&P 500 index is $12,2708. Apple Inc. is the largest company in the index-it is worth $552.158. If you want to build a portfolio that earns the same return as the S&P 500, what is the portfolio weight on Apple? 4.5% O 3.5% O 5.5% O 6.5 %

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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The value of the shares in the S&P 500 index is $12,270B. Apple Inc. is the largest company in the index-it is worth $552.158. If you want to build a portfolio that earns the same return as the S&P 500, what is the portfolio
weight on Apple?
O 4.5%
O 3.5%
O 5.5%
O 6.5%

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