Calculate the portfolio weights to fill in the bottom row

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Kevin Federline recently inherited $1 million and has decided to invest it. His portfolio consists of the following positions in several stocks. Calculate the portfolio weights to fill in the bottom row of the table.

 

Intel

General Motors

Procter & Gamble

Exxon Mobil

Shares

7,280

5,700

5,300

6,000

Price per share Portfolio weights

$25

$45

$55

$45

Reference no: EM131328921

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