Multiple Choice
A portfolio contains three stocks (Stock A,Stock B,and Stock C) .The overall value of the portfolio increased 20 percent during 2010⎯the value of Stock A increased by 15 percent,the value of Stock B increased by 22 percent,and the value of Stock C increased by 30 percent.If 40 percent of the total funds in the portfolio were in Stock A at the beginning of 2010,what was the percent of funds (weight) invested in stock B?
A) 50%
B) 30%
C) 10%
D) 60%
E) 40%
Correct Answer:
Verified
Correct Answer:
Verified
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