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

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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 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 ($)
33.59
46.78
112.18
93.70
31.15
25.27
56.79
91.53
92.45
42.22
Yield
5.48%
4.70%
3.82%
3.63%
3.60%
3.48%
3.17%
3.06%
2.99%
2.89%
You decide to make a small portfolio consisting of a collection of 3 of the top 10 Dogs of the Dow.
(a) How many portfolios are possible?
portfolios
(b) How many of these portfolios contain VZ and MCD but neither KO nor XOM?
portfolios
(c) How many of these portfolios contain at least two stocks with yields above 3.5%?
portfolios
Transcribed Image Text:The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top 10 stocks of the "Dogs of the Dow" list for 2015, based on their performance the preceding year. Symbol T VZ Verizon Chevron MCD McDonald's CVX PFE GE Company MRK AT&T XOM Merck CAT Caterpillar ExxonMobil КО Coca-Cola Pfizer General Electric Price ($) 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
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