Consider a Value-Weighted Market Index That Includes the Two Companies

Consider a value-weighted market index that includes the two companies shown in the table. You form a portfolio to mimic the index on Day 1. The mimic portfolio is designed to earn the same return as the index. What is the portfolio weight for Company 1? $$\begin{array} { | c | c | c | c | c | } \hline & \text { Company 1 } & \text { Company 1 } & \text { Company 2 } & \text { Company 2 } \\\hline \text { Day } & \text { Price } & \text { \# of Shares } & \text { Price } & \text { \# of Shares } \\\hline 1 & \$ 6.62 & 200 & \$ 10.00 & 750 \\\hline \mathbf { 2 } & \$ 7.24 & 200 & \$ 10.54 & 750 \\\hline\end{array}$$

A) 15%
B) 16%
C) 17%
D) 18%
E) 19%