Suppose you created a portfolio by purchasing 300 shares of Abbott Labs (ABT) at $55 per share, 250 shares of Lowes (LOW) at $35 per share, and 150 shares of Ball Corporation (BLL) at $45 per share. What is the weight of Lowes (LOW) in your portfolio?

Solutions

Expert Solution

The option (b) is right option.

Explanation:

Nos (A)	Value per share (B)	Total Market value (a*b)
Abott	300	55	16500
Lowes	250	35	8750
Ball	150	45	6750
32000

Weight of Lowes = $ 8750/ $32,000

= 27.34%.

The option (b) is right option.

Hence, the answer is option b.

Nabeel answered 1 year ago

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