The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top 10 stocks of the "Dogs of the Dow" list for 2015, bas performance the preceding year. Symbol Company Price ($) Yield AT&T 33.59 5.48% Vz Verizon 46.78 4.70% CVX Chevron 112.18 3.82% MCD McDonald's 93.70 3.63% PFE Pfizer 31.15 3.60% General

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The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top 10 stocks of the "Dogs of the Dow" list for 2015, based on thei
performance the preceding year.
Symbol
Company
Price ($)
Yield
AT&T
33.59
5.48%
VZ
Verizon
46.78
4.70%
CVX
Chevron
112.18
3.82%
MCD
McDonald's
93.70
3.63%
PFE
Pfizer
31.15
3.60%
General
GE
25.27
3.48%
Electric
MRK
Merck
56.79
3.17%
CAT
Caterpillar
91.53
3.06%
Хом
ExxonMobil
92.45
2.99%
ко
Сосcа-Cola
42.22
2.89%
You decide to make a small portfolio consisting of a collection of 6 of the top 10 Dogs of the Dow.
(a)
How many portfolios are possible?
portfolios
(b)
How many of these portfolios contain MRK but not PFE?
portfolios
(c)
How many of these portfolios contain at most one stock priced above $60?
portfolios
Transcribed Image Text:The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top 10 stocks of the "Dogs of the Dow" list for 2015, based on thei performance the preceding year. Symbol Company Price ($) Yield AT&T 33.59 5.48% VZ Verizon 46.78 4.70% CVX Chevron 112.18 3.82% MCD McDonald's 93.70 3.63% PFE Pfizer 31.15 3.60% General GE 25.27 3.48% Electric MRK Merck 56.79 3.17% CAT Caterpillar 91.53 3.06% Хом ExxonMobil 92.45 2.99% ко Сосcа-Cola 42.22 2.89% You decide to make a small portfolio consisting of a collection of 6 of the top 10 Dogs of the Dow. (a) How many portfolios are possible? portfolios (b) How many of these portfolios contain MRK but not PFE? portfolios (c) How many of these portfolios contain at most one stock priced above $60? portfolios
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