A portfolio has 95 shares of Stock A that sell for $39 per share and 105 shares of Stock B that sell for $22 per share.
Required:
(a) What is the portfolio weight of Stock A?
HINT: The portfolio weight is the percent of the portfolio's total value that is invested in Stock A
(b)What is the portfolio weight of Stock B?
Hint: Whatever is not invested in Stock A must be invested in Stock B, so the weights must sum to 100%.