A portfolio has shares in three firms-300 shares of Commonwealth Bank (CBA) , 300 shares of Woolworths (WOW) , and 100 shares of Rio Tinto (RIO) . If the price of CBA is $20, the price of WOW is $30, and the price of RIO is $150, calculate the portfolio weight of CBA and WOW.
A) 15%, 25%
B) 20%, 30%
C) 20%, 40%
D) 10%, 20%
Correct Answer:
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