You have a portfolio with 200 shares of Stock A at a price of $34 and 300 shares of Stock B at a price of $28. What is the weight of Stock A in your portfolio?
A) 55%
B) 41%
C) 45%
D) 51%
E) 37%

Question

Quizplus · Accepted Answer

The weight of Stock A in the portfolio is calculated by taking the market value of Stock A and dividing it by the total market value of the portfolio, then multiplying by 100 to get a percentage. 
Market value of Stock A = 200 shares x $34/share = $6,800 
Market value of Stock B = 300 shares x $28/share = $8,400 
Total market value of portfolio = $6,800 + $8,400 = $15,200 
Weight of Stock A = ($6,800/$15,200) x 100% = 44.74% 
Therefore, the closest answer choice is C, 45%.

You Have a Portfolio with 200 Shares of Stock a at a Price