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In: Finance

You own 395 shares of Stock X at a price of $36 per share, 265 shares...

You own 395 shares of Stock X at a price of $36 per share, 265 shares of Stock Y at a price of $59 per share, and 330 shares of Stock Z at a price of $82 per share. What is the portfolio weight of Stock Y?

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Expert Solution

Ans  the portfolio weight of Stock Y is 27.47%

Stock Shares (i) Price (ii) Amount (i)* (ii) Weight
X                                 395                   36.00                                         14,220.00 24.98% (14220 / 56915)
Y                                 265                   59.00                                         15,635.00 27.47% (15635 / 56915)
Z                                 330                   82.00                                         27,060.00 47.54% (27060 / 56915)
Total                                 990                                         56,915.00

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