Assume that you wish to invest $31,000 in the following two stocks and create aprice-value-weightedportfolio. How many
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Question:
Assume that you wish to invest $31,000 in the following two stocks and create a price-value-weighted portfolio. How many shares of Stock 1 should you buy?
Stock 1 | Stock 2 | |
# of Outstanding Shares | 4,000 | 2,000 |
Current Stock Price | $40 | $20 |
Round your answer to the nearest whole number.
Related Book For
Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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