You are considering how to invest part of your retirement savings. You have decided to put $100,000 into three stocks: 30% of the money in Apple (currently $50/share), 40% in Visa (currently $80/share) and the remainder in GE (currently $30/share), Suppose Apple goes up to $51, Visa drops to $77 and GE drops to $28. If you dont buy or sell any shares after the price change, what is the new portfolio weight for Apple?

Question 4 options:

39.52%

31.51%

22.51%

40.11%