1. Portfolio Weights If you own 600 shares of Air Line Inc at $41.5, 200 shares of BuyRite at $54.75, and 300 shares of Motor City at $8.8, what are the portfolio weights of each stock?
Air Line = .3333, BuyRite = .3333, MotorCity = .3333
Air Line = .5455, BuyRite = .1818, MotorCity = .2727
Air Line = .6472, BuyRite = .2846, MotorCity = .0682
Air Line = .6000, BuyRite = .2000, MotorCity = .3000
2. Investment Return HillCom Corp stock was $75.85 per share at the end of last year. Since then, it paid a $3.35 per share dividend last year. The stock price is currently $78.85. If you owned 300 shares of HillCom, what was your percent return?
4.25%
8.05%
8.37%
4.42%