Multiple Choice
After taking a reading-week trip to the Dominican Republic,you are now hooked on Cuban cigars.You decide to build a stock portfolio with two different cigar companies:
Altadis'Behike(Altadis)
Gurkha'sHis Majesty's Reserve (Gurkhas)
You purchase 1,000 Altadis' shares,each at a price of $45.You also purchase 1,200 Gurkha's shares,each at a price of $65.Calculate Altadis' portfolio weight.
A) 0.316
B) 0.366
C) 0.386
D) 0.416
E) 0.426
Correct Answer:
Verified
Correct Answer:
Verified
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