Answer:
c. 7215
Explanation:
Number of shares of Stock C = 275
Value of Stock C = $52
Number of shares of Stock D = 240
Value of Stock D = $23
The weight of stock of a given stock is defined by the total value of the stock divided by the total value of the portfolio. For stock C:
[tex]Value_C = 275*\$52=\$14,300\\Value_D = 240*\$23=\$5,520\\WS_C = \frac{\$14,300}{\$14,300+\$5,520} \\WS_C = 0.7215 = 72.15%[/tex]
The weight of of Stock C is 0.7215 or 72.15%.
