question archive An investor owns $11,000 of Adobe systems stock, $12,000 of Dow chemical, and $12,000 of Office Depot
An investor owns $11,000 of Adobe systems stock, $12,000 of Dow chemical, and $12,000 of Office Depot
Subject:FinancePrice:2.86 Bought3
An investor owns $11,000 of Adobe systems stock, $12,000 of Dow chemical, and $12,000 of Office Depot. What are the portfolio weights of each stock? (Round your answers to 4 decimal places.)
Portfolio weights
Adobe system
dow chemical
Office Depot
Purchase A New Answer
Custom new solution created by our subject matter experts
GET A QUOTE
Answer Preview
Portfolio weights
Adobe System
0.3143 ± 0.001
Dow Chemical
0.3429 ± 0.001
Office Depot
0.3428 ± 0.001
Detail calculation will be in explanation section of answer
Step-by-step explanation
Total portfolio = $11,000 + $12,000 + $12,000 = $35,000
Adobe System weight = $11,000 / $35,000 = 0.3143
Dow Chemical weight = $12,000 / $35,000 = 0.3429
Office Depot weight = $12,000 / $35,000 = 0.3428
