Question

Consider the following stock price and shares outstanding data:
Stock NamePrice per ShareShares Outstanding (Billions)
Lowes$28.801.53
Wal-Mart$47.904.17
Intel$19.605.77
Boeing$75.000.79

If you are interested in creating a value-weighted portfolio of these four stocks, then the percentage amount that you would invest in Lowes is closest to:
A) 25%
B) 11%
C) 20.0%
D) 12%

Answer

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