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Calculate the shares. You have $27,000 to invest. You want to purchase shares of Alaska Air at $44.26, Best Buy at $53.12, and Ford Motor
Calculate the shares.
You have $27,000 to invest. You want to purchase shares of Alaska Air at $44.26, Best Buy at $53.12, and Ford Motor at $9.41. How many shares of each company should you purchase so that your portfolio consists of 30 percent Alaska Air, 50 percent Best Buy, and 20 percent Ford Motor? (Do not round intermediate calculations and round your final answers to the nearest whole number.) Amount to invest 27,000 PriceAlaska Air 44.26 53.12 PriceFord Motor 9.41 30.00% wAlaska Air 50.00% w Buy Best 20.00% WFord MotorStep by Step Solution
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