Answer:
67.96% , 32.31%
Explanation:
105 shares of Tidepool is bought for $45 each
205 shares of Madfisg is bought for $11 each
The first step is to calculate the total value in the portfolio
= 105×$45
= $4,725
= 205×$11
= $2,255
Total value of the portfolio= $4,725+$2,255
= $6,980
Therefore, the weights in the portfolio can be calculated as follows
Tidepool corporation
= 105 × $45/$6980
= $4725/$6980
= 0.6796×100
= 67.96%
Madfish incorporation
= 205 × $11/$6980
= $2255/$6980
= 0.3231×100
= 32.31%
Hence the weights in the portfolio are 67.96% and 32.31%
