Question
You have a portfolio consisting of stock in three companies. You hold 700 shares of Hydrofarm Holdings (HYFM), which is currently priced at $74.00 per
You have a portfolio consisting of stock in three companies. You hold 700 shares of Hydrofarm Holdings (HYFM), which is currently priced at $74.00 per share and offers an expected return of 9.5%. You have 400 shares of Tata Motors (TTM), which has share price of $16.00 and expected return 9.9%. Lastly, you have 600 shares of Bank of New York Mellon (BK). BK has share price $46.00 and expected return 7.9%. What is your portfolio weight on HYFM? Give your weight in decimal form with at least four digits after the decimal. If, for example, the weight is .2255, enter .2255 instead of 22.55%.
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