# Suppose you invest \$15,000 by purchasing 200 shares of Abbott Labs (ABT) at \$40 per share, 200 shares of Lowes (LOW) at \$20 per share, and 100 shares of Ball Corporation (BLL) at \$30 per share.  The weight of Ball Corporation in your portfolio is?

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Suppose you invest \$15,000 by purchasing 200 shares of Abbott Labs (ABT) at \$40 per share, 200 shares of Lowes (LOW) at \$20 per share, and 100 shares of Ball Corporation (BLL) at \$30 per share.  The weight of Ball Corporation in your portfolio is?

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Step 1

The question is based on the concept to calculate weight of an asset in the total portfolio, which can be calculate as,

Wb = weight of Ball corporation

Step 2

Total value of portfolio = \$ 15000.

Value of  Ball corporation = 100*\$30 =\$ 3,000

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