Question
You invest $8,000 in Facebook stock and $23,000 in Microsoft stock. These are the only stocks in your portfolio. Over the course of one month,
You invest $8,000 in Facebook stock and $23,000 in Microsoft stock. These are the only stocks in your portfolio. Over the course of one month, Facebook has a return of -1% and Microsoft has a return of 13%, and neither stock pays dividends. What is Facebook's NEW portfolio weight at the end of the month?
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Personal Finance Building Your Future
Authors: Robert Walker, Kristy Walker
2nd Edition
0077861728, 9780077861728
