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27-03-2018
Business

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You own a $58,600 portfolio comprised of four stocks. the values of stocks a, b, and c are $11,200, $17,400, and $20,400, respectively. what is the portfolio weight of stock d?

Respuesta :

27-03-2018

Hi there! The answer is $9,600

The total value of stocks a, b and c
$11,200 + $17,400 + $20,400 = $49,000

Since the total portfolio has a value of $58,600, the value of stock b is as follows
$58,600 - $49,000 = $9,600

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