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Question
A portfolio contains three stocks (Stock A, Stock B, and Stock C). The overall value of the portfolio increased 20 percent during 2010u23afthe value of Stock A increased by 15 percent, the value of Stock B increased by 22 percent, and the value of Stock C increased by 30 percent. If 40 percent of the total funds in the portfolio were in Stock A at the beginning of 2010, what was the percent of funds (weight) invested in stock B?
a. 50%
b. 30%
c. 10%
d. 60%
e. 40%
Answer
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