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

Stock Total Number of Shares Outstanding (millions)

First Bank 84 112 21 Fast Mover 60 122 10 Funny Bone 187 34 12

Current Price per Share ($) ??

Expected Return (%) ??

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?

Calculate the total value of all shares outstanding currently. The total value of all shares outstanding currently is ____. (Round to the nearest integer.) Part 2 b. What fraction of the total value outstanding does each stock make up? The weight in the portfolio for First Bank is ___%. (Round to two decimal places.) Part 3 The weight in the portfolio for Fast Mover is ___%. (Round to two decimal places.) Part 4 The weight in the portfolio for Funny Bone is ___%. (Round to two decimal places.) Part 5 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?The expected return of your portfolio is ____%. (Round to two decimal places.)