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Assume that you wish to invest $12,000 in the following two stocks and create a market-value-weighted portfolio. How many shares of Stock 1 should you
Assume that you wish to invest $12,000 in the following two stocks and create a market-value-weighted portfolio. How many shares of Stock 1 should you buy?
| Stock 1 | Stock 2 |
# of Outstanding Shares | 15,000 | 20,000 |
Current Stock Price | $40 | $20 |
Round your answer to the nearest whole number.
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