You Own the Following Portfolio of Stocks A) 5218 Percent
B) 53

Multiple Choice

You own the following portfolio of stocks. What is the portfolio weight of Stock C? $\begin{array}{cccr}&\text { Number }&\text { Price }\\\text { Stock } & \text { of Shares } & {\text { per Share }} \\\text { A } & 650 & \$ 15.82 \\\text { B } & 320 & \$ 11.09 \\\text { C } & 400 & \$ 39.80 \\\text { D } & 100 & \$ 760\end{array}$

A) 52.18 percent
B) 53.86 percent
C) 53.41 percent
D) 51.09 percent
E) 52.65 percent