Problemyou own a 46000 portfolio comprised of four stocks, Ask an Expert

Accounting

Problem:

You own a $46,000 portfolio comprised of four stocks. The values of stocks A, B, and C are $5,600, $16,700, and $11,400, respectively.

Requirement:

Question: What is the portfolio weight of stock D?

A) 26.74 percent
B) 28.39 percent
C) 30.33 percent
D) 32.10 percent
E) 32.58 percent

Note: Show supporting computations in good form.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91166900

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