1. A portfolio has 123 shares of Stock A that sell for $33 per share and 91 shares of Stock B that sell for $21 per share? What is the portfolio weight for Stock B?
2. A portfolio has 110 shares of Stock A that sell for $30 per share and 95 shares of Stock B that sell for $21 per share. What is the portfolio weight for Stock A?
3. You're prepared to make monthly payments of $310, beginning at the end of this month, into an account that pays 4 percent interest compounded monthly. Required: How many payments will you have made when your account balance reaches $18,679?