If You Own 400 Shares of Air Line Inc

Multiple Choice

If you own 400 shares of Air Line Inc. at $44.50, 500 shares of BuyRite at $52.90, and 100 shares of MotorCity at $9.25, what are the portfolio weights of each stock?

A) Air Line = 0.3333, BuyRite = 0.3333, MotorCity = 0.3333
B) Air Line = 0.40, BuyRite = 0.50, MotorCity = 0.10
C) Air Line = 0.3940, BuyRite = 0.5855, MotorCity = 0.0205
D) Air Line = 0.4173, BuyRite = 0.4960, MotorCity = 0.0867