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The first thing you do every morning is make yourself a cup of hot black coffee. In fact, you love coffee so much that you

The first thing you do every morning is make yourself a cup of hot black coffee. In fact, you love coffee so much that you recently bought shares of stock of your four favorite coffee chains: Starbucks, Coffee Bean, Einstein Bagels, and Peets Coffee. The number of shares and share prices are summarized in the table below. Calculate the portfolio weight of Einstein Bagel's shares of stock.

Stock Number of Shares Price per Share
Starbucks 500 $14
Coffee Bean 200 23
Einstein Bagels 600 18
Peets Coffee 100 47

Multiple Choice

48.09 percent
44.41 percent
42.86 percent
39.85 percent
52.65 percent

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