Listed are three pairs of stocks. Look at each pair and select the security you think is worth more money. Then, after you make all three of your selections, use Yahoo! Finance or some other source to find the latest market value of the securities in each pair.

a. 50 shares of Berkshire Hathaway (stock symbol BRKA) or 150 shares of Coca-

Cola (stock symbol KO) (Both are listed on the NYSE.)

b. 100 shares of WD-40 (symbol WDFC—a Nasdaq National Market issue) or 100 shares of Nike (symbol NKE—a NYSE stock)

c. 150 shares of Walmart (symbol WMT) or 50 shares of Sprint Corp. (symbol S)

(Both are listed on the NYSE.)

How many times did you pick the one that was worth more money? Did the price of any of these stocks surprise you? If so, which one(s)? Does the price of a stock represent its value? Explain.