Question
1- With an investment of $15,440, Juan wants to purchase shares of Carmax valued at $42.50, Chipotle at $51.50, and Dollar General at $9.75. Hed
1- With an investment of $15,440, Juan wants to purchase shares of Carmax valued at $42.50, Chipotle at $51.50, and Dollar General at $9.75. Hed like his portfolio to contain 35% Carmax, 30% Chipotle, and 35% Dollar General.
How many Carmax shares are in the portfolio? (format answer as 123.45 do not write shares, just the number with two decimal places)
2-With an investment of $15,440, Juan wants to purchase shares of Carmax valued at $42.50, Chipotle at $51.50, and Dollar General at $9.75. Hed like his portfolio to contain 35% Carmax, 30% Chipotle, and 35% Dollar General.
How many Chipotle shares are in the portfolio?
3-With an investment of $15,440, Juan wants to purchase shares of Carmax valued at $42.50, Chipotle at $51.50, and Dollar General at $9.75. Hed like his portfolio to contain 35% Carmax, 30% Chipotle, and 35% Dollar General.
How many Dollar General shares are in the portfolio?
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Communication Essentials For Financial Planners
Authors: John E. Grable
1st Edition
1119350786, 978-1119350781
