In: Accounting
home / study / business / finance / finance questions and answers / suppose you invest $20,000 by purchasing 200 shares of abbott labs (abt) at $50 per share, ... Question: Suppose you invest $20,000 by purchasing 200 shares of Abbott Labs (ABT) at $50 per share, 200 sh... Suppose you invest $20,000 by purchasing 200 shares of Abbott Labs (ABT) at $50 per share, 200 shares of Lowes (LOW) at $30 per share, and 100 shares of Ball Corporation (BLL) at $40 per share. Suppose over the next year Ball has a return of 12.5%, Lowes has a return of 20%, and Abbott Labs has a return of -10%. The weight of Abbott Labs in your portfolio after one year is closest to:
A. 20 %
B. 34.8%
C. 30 %
D. 36%