Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 11, 2024

- 18 2.5 points You invest $7,000 in Facebook stock and $27,000 in Microsoft stock. These are the only stocks in your portfolio. Over the

- 18 2.5 points You invest $7,000 in Facebook stock and $27,000 in Microsoft stock. These are the only stocks in your portfolio. Over the course of one month, Facebook has a return of -4% and Microsoft has a return of 14%, and neither stock pays dividends. What is Facebook's NEW portfolio weight at the end of the month? Enter your answer as a decimal and show 4 decimal places. Type your answer. Next

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

What are the major classifi cations of drugs, and what are their eff ects?

Answered: 1 week ago

Question

★★★★★

A crate of 45.0-kg tools rests on a horizontal floor. You exert a gradually increasing horizontal push on it and observe that the crate just begins to move when your force exceeds 313 N. After that...

Answered: 1 week ago

Question

★★★★★

The Price/Earnings ratio is a common measure of whether the overall stock market is undervalued or overvalued. The average Price/Earnings ratio tends to be in the 15-20 range historically. If the...

Answered: 1 week ago

Question

★★★★★

P13-41A Journalizing stock issuance and cash dividends and preparing the stockholders' equity section of the balance sheet D-Mobile Wireless needed additional capital to expand, so the business...

Answered: 1 week ago

Question

★★★★★

Ye' Olde Barrel Shop sells oak barrels to a local winery. The Master Cooper would like to reduce her oak lumber inventory by determining the optimal number of oak boards to order. The annual demand...

Answered: 1 week ago

Question

★★★★★

The first use of aircraft for moving materials occurred in India, in 1911, when 6,500 pieces of mail were carried for a distance of five miles. Two other early mail flights, taking place in the same...

Answered: 1 week ago

Question

★★★★★

Many people who travel to the Czech Republic come back with tales of the history, people, majesty of the country, and stories of the beer that to some is the heart of the country. A spa in The Czech...

Answered: 1 week ago

Question

★★★★★

A service delivery process is a process enabling the delivery of a service. It requires a coupling between a provider and consumer and sometimes necessitates means. The service is returned as long as...

Answered: 1 week ago

Question

★★★★★

(a) From the information gathered from the rationale of hackers and impact of cyber- attack, organisations can improve their security posture against cyber adversaries. (i) (ii) (iii) Recommend and...

Answered: 1 week ago

Previous Question Next Question