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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

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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.) Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Stock First Bank Fast Mover Funny Bone Total Number of Shares Outstanding 82 million 60 million 203 million Current Price per Share $118 $98 $32 Expected Return 20% 12% 15%

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