6. (Price additivity) Beat The Market (BTM) is an open-end mutual fund. The funds portfolio consists of

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6. (Price additivity) Beat The Market (BTM) is an open-end mutual fund. The fund’s portfolio consists of 10,000 Yahoo Inc. stocks traded for $36.14 as well as 15,000 stocks of Google Inc. traded for $191.94 and 20,000 stocks of General Electric Co. traded for $33.95. There are currently 32,000 BTM shares.

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Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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