Suppose you invest $22,500 by purchasing 200 shares of Abbott Labs (ABT) at $55 per share, 200 shares of Lowes (LOW) at $35 per share, and 100 shares of Ball Corporation (BLL) at $45 per share. The weight of Lowes in your portfolio is ________

A) 40.44%
B) 21.78%
C) 49.78%
D) 31.11%

Answer: D

Business

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If your estate is $500,000 over the maximum tax free limit, one way to avoid paying estate tax on the excess would be to

A) hide $500,00 in cash and bury it in the yard, leaving a secret map. B) order the estate to make a $500,000 charitable contribution since the amount contributed would not be subject to estate tax. C) gift the $500,000 to your children after your death but before the estate is settled. D) None of these schemes will avoid the estate tax.

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To help a customer who has become irritated, it is recommended that you try to calm the person by saying, "Don't be upset," or "You need to calm down before we can discuss the situation."

Indicate whether the statement is true or false.

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