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  3. suppose you invest $17,500 by purchasing 200 share

Suppose you invest $17,500 by purchasing 200 shares of Abbott Labs (ABT) at $45 per...

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Question

Accounting

Suppose you invest

$17,500

by purchasing 200 shares of Abbott Labs (ABT) at

$45

per share, 200 shares of Lowes (LOW) at

$25

per share, and 100 shares of Ball Corporation (BLL) at

$35

per share.

The weight of Abbott Labs in your portfolio is:

A.

51.43%

B.

30.86%

C.

20.57%

D.

41.14%

Answer & Explanation Solved by verified expert
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