Consider a world that only consists of the three stocks shown in the following table:

Stock	Total Number of shares Outstanding	Current Price per Share	Expected Return
First Bank	103 Million	$110	21%
Fast Mover	56 million	$112	12%
Funny Bone	176 million	$25	14%

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 yourportfolio?