If everyone holds the tangency portfolio (perhaps also combining it with the risk-free asset), and if there are 10K stocks, each with 1M shares outstanding, and if the share price of Apple is $300 while the total value of the stock market is $1T (trillion), what will be the weight of Apple in the tangency portfolio?

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

Answerproduct lines; geographic markets;