Q6.3 Listed below are three pairs of shares. Look at each pair and select the security you would like to own, given that you want to select the one that’s worth more money. Then, after you make all three of your selections, use the Australian Financial Review or some other source to find the latest market value of the two securities in each pair.

a. 150 shares of David Jones (DJs) or 50 shares of Westpac (WBC)

b. 100 shares of Qantas (QAN) or 100 shares of Seven Network (SEV)

c. 50 shares of Amcor (AMC) or 150 shares of Telstra (TLS)

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