Account is a domestic growth portfolio. The current holdings are primarily US exchange-traded stocks and bonds. To remain in compliance, the total portfolio may only invest up to a maximum of 5% in any one specific stock or bond issuer. This restriction is cumulative; meaning different securities issued by the same issuer must be added together when calculating the 5% limit.

The client has also specified that the account may not invest more that 15% of its assets in non-US dollar denominated securities.  The current market values are as follows:

            Time Warner Inc. Common Stock                               $4,225,500

            Walt Disney Corp. Common Stock                              $1,283,150       

            General Motors Corp.  FRN 3/3/2018                          $904,000

            Chrysler FRN 8/2/2018                                                $186,100

            Ford Motor Corp. MTN 3/27/2018                              $401,000

            Walmart Common Stock                                             $315,000

            Deutsche Bank AG 6% 04/20/2018                              $1,556,350

            Chrysler 10.95% 4/22/2018                                          $128,900

            Total Portfolio Value:         

Question 4:

Given the restrictions and asset allocation listed above, would the account be able to purchase 1,000 additional shares of Walmart at $81 per share?