Kevin Federline recently inherited $1 million and has decided to invest it. His portfolio consists of the following positions in several stocks. Calculate the portfolio weights to fill in the bottom row of the table.
|
Intel
|
General Motors
|
Procter & Gamble
|
Exxon Mobil
|
Shares
|
7,280
|
5,700
|
5,300
|
6,000
|
Price per share Portfolio weights
|
$25
|
$45
|
$55
|
$45
|