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Consider a world that only consists of the three stocks shown in the following table: a. Calculate the total value of all shares outstanding currently.

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Consider a world that only consists of the three stocks shown in the following table: a. Calculate the total value of all shares outstanding currently. b. What fraction of the total value outstanding does each stock make up? c. You hold the market portfolio, that is, you have picked portfolio weights equal to the answer to part b with each stock's weight is equal to its contribution to the fraction of the total value of all stocks. What is the expected return of your portfolio? a. Calculate the total value of all shares outstanding currently. The total value of all shares outstanding currently is $ million. (Round to the nearest integer.) (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Stock First Bank Fast Mover Funny Bone Total Number of Shares Outstanding 111 million 57 million 237 million Current Price per Share $95 $134 $25 Expected Return 15% 12% 15%

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