Question: Portfolio Weights - Excel ? * - Sign In FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW % Calibri B I Paste Cells Editing

Portfolio Weights - Excel ? * - Sign In FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW % Calibri B I Paste Cells Editing -111 A A U - - - A - Alignment Number Fonts * v for Conditional Format as Cell Formatting Table Styles Styles Clipboard D20 AB You have $27,000 to invest. You want to purchase shares of Alaska Air at $44.26, Best Buy at $53.12, and Ford Motor at $9.41. How many shares of each company should you purchase so that your portfolio consists of 30 percent Alaska Air, 50 percent Best Buy, and 20 percent Ford Motor? (Use Excel's ROUNDUP function to ensure shares are rounded appropriately. Do not round intermediate calculations and round your final answers to the nearest whole number.) Amount to invest $ Price Alaska Air Price Best Buy A Price Ford Motor 27,000 44.26 53.12 9.41 30.00% 50.00% 20.00% A WAlaska Air WBest Buy W Ford Motor
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
