Consider the following stock price and shares outstanding data: Stock Name Price per Share Shares Outstanding (Billions) Lowes $28.80 1.53 Walmart $47.90 4.17 Intel $19.60 5.77 Boeing $75.00 0.79 Assume that you have $100,000 to invest and you are interested in creating a value-weighted portfolio of these four stocks. The number of shares of Walmart that you would hold in your portfolio is closest to: A) 710. B) 1390. C) 1000. D) 870.
Consider the following stock price and shares outstanding data: Stock Name Price per Share Shares Outstanding (Billions) Lowes $28.80 1.53 Walmart $47.90 4.17 Intel $19.60 5.77 Boeing $75.00 0.79 Assume that you have $100,000 to invest and you are interested in creating a value-weighted portfolio of these four stocks. The number of shares of Walmart that you would hold in your portfolio is closest to: A) 710. B) 1390. C) 1000. D) 870.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Consider the following stock price and shares outstanding data: Stock Name Price per Share Shares Outstanding (Billions) Lowes $28.80 1.53 Walmart $47.90 4.17 Intel $19.60 5.77 Boeing $75.00 0.79 Assume that you have $100,000 to invest and you are interested in creating a value-weighted portfolio of these four stocks. The number of shares of Walmart that you would hold in your portfolio is closest to: A) 710. B) 1390. C) 1000. D) 870.
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