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Please provide explanation to solution. Thank you. A portfolio has three stocks - 230 shares of Yahoo (YHOO), 130 shares of General Motors (GM), and

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Please provide explanation to solution. Thank you.

A portfolio has three stocks - 230 shares of Yahoo (YHOO), 130 shares of General Motors (GM), and 70 shares of Standard and Poor's Index Fund (SPY). If the price of YHOO is $30, the price of GM is $30, and the price of SPY is $130, calculate the portfolio weight of YHOO and GM. A. 34.7%, 19.6% B. 32.9%, 20.6% C. 19.1%, 36.3% D. 10.4%, 11.8%

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