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 their performance the preceding year. Symbol T VZ Verizon Chevron MCD McDonald's CVX PFE GE Company MRK AT&T XOM Merck CAT Caterpillar ExxonMobil КО Coca-Cola Pfizer General Electric Price ($) 33.59 46.78 112.18 93.70 31.15 25.27 56.79 91.53 92.45 42.22 Yield 5.48% 4.70% 3.82% 3.63% 3.60% 3.48% 3.17% 3.06% 2.99% 2.89% You decide to make a small portfolio consisting of a collection of 3 of the top 10 Dogs of the Dow. (a) How many portfolios are possible? portfolios (b) How many of these portfolios contain VZ and MCD but neither KO nor XOM? portfolios (c) How many of these portfolios contain at least two stocks with yields above 3.5%? portfolios
The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top 10 stocks of the "Dogs of the Dow" list for 2015, based on their performance the preceding year. Symbol T VZ Verizon Chevron MCD McDonald's CVX PFE GE Company MRK AT&T XOM Merck CAT Caterpillar ExxonMobil КО Coca-Cola Pfizer General Electric Price ($) 33.59 46.78 112.18 93.70 31.15 25.27 56.79 91.53 92.45 42.22 Yield 5.48% 4.70% 3.82% 3.63% 3.60% 3.48% 3.17% 3.06% 2.99% 2.89% You decide to make a small portfolio consisting of a collection of 3 of the top 10 Dogs of the Dow. (a) How many portfolios are possible? portfolios (b) How many of these portfolios contain VZ and MCD but neither KO nor XOM? portfolios (c) How many of these portfolios contain at least two stocks with yields above 3.5%? portfolios
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question
100%
Finite Math - Permutations & Combinations
Can you please solve this without technology and show the step-by-step process?
![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 their performance the preceding year.
Symbol
T
VZ
Verizon
Chevron
MCD McDonald's
CVX
PFE
GE
Company
MRK
AT&T
XOM
Merck
CAT Caterpillar
ExxonMobil
КО Coca-Cola
Pfizer
General
Electric
Price ($)
33.59
46.78
112.18
93.70
31.15
25.27
56.79
91.53
92.45
42.22
Yield
5.48%
4.70%
3.82%
3.63%
3.60%
3.48%
3.17%
3.06%
2.99%
2.89%
You decide to make a small portfolio consisting of a collection of 3 of the top 10 Dogs of the Dow.
(a) How many portfolios are possible?
portfolios
(b) How many of these portfolios contain VZ and MCD but neither KO nor XOM?
portfolios
(c) How many of these portfolios contain at least two stocks with yields above 3.5%?
portfolios](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcad1fa3e-b311-42fd-91f0-90cf8df09b4d%2F205f45b8-1735-406c-8d0b-b40d2dc280ff%2F92f5a5i_processed.png&w=3840&q=75)
Transcribed Image Text:The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top 10 stocks of the
"Dogs of the Dow" list for 2015, based on their performance the preceding year.
Symbol
T
VZ
Verizon
Chevron
MCD McDonald's
CVX
PFE
GE
Company
MRK
AT&T
XOM
Merck
CAT Caterpillar
ExxonMobil
КО Coca-Cola
Pfizer
General
Electric
Price ($)
33.59
46.78
112.18
93.70
31.15
25.27
56.79
91.53
92.45
42.22
Yield
5.48%
4.70%
3.82%
3.63%
3.60%
3.48%
3.17%
3.06%
2.99%
2.89%
You decide to make a small portfolio consisting of a collection of 3 of the top 10 Dogs of the Dow.
(a) How many portfolios are possible?
portfolios
(b) How many of these portfolios contain VZ and MCD but neither KO nor XOM?
portfolios
(c) How many of these portfolios contain at least two stocks with yields above 3.5%?
portfolios
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 3 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Advanced Engineering Mathematics](https://www.bartleby.com/isbn_cover_images/9780470458365/9780470458365_smallCoverImage.gif)
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
![Numerical Methods for Engineers](https://www.bartleby.com/isbn_cover_images/9780073397924/9780073397924_smallCoverImage.gif)
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
![Introductory Mathematics for Engineering Applicat…](https://www.bartleby.com/isbn_cover_images/9781118141809/9781118141809_smallCoverImage.gif)
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
![Advanced Engineering Mathematics](https://www.bartleby.com/isbn_cover_images/9780470458365/9780470458365_smallCoverImage.gif)
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
![Numerical Methods for Engineers](https://www.bartleby.com/isbn_cover_images/9780073397924/9780073397924_smallCoverImage.gif)
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
![Introductory Mathematics for Engineering Applicat…](https://www.bartleby.com/isbn_cover_images/9781118141809/9781118141809_smallCoverImage.gif)
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
![Mathematics For Machine Technology](https://www.bartleby.com/isbn_cover_images/9781337798310/9781337798310_smallCoverImage.jpg)
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
![Basic Technical Mathematics](https://www.bartleby.com/isbn_cover_images/9780134437705/9780134437705_smallCoverImage.gif)
![Topology](https://www.bartleby.com/isbn_cover_images/9780134689517/9780134689517_smallCoverImage.gif)