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Compute the New Number of Shares that would be needed of each stock to properly rebalance this mutual fund on 1/31/2020. How many shares of
Compute the New Number of Shares that would be needed of each stock to properly rebalance this mutual fund on 1/31/2020. How many shares of Home Depot are needed?
Group of answer choices
A. 18,000
B. 25,200
C. 21,000
D. 24,500
New Number of Shares $ Then you show the numbers in rebalancing a mutual fund: QUESTION 20 1/31/2020 Market Cap (Billions) 1/31/2020 Number of Shares Home Depot 40.00 10,000 Lowes $ 50.00 20,000 Kohls 30.00 40,000 Target 80.00 50,000 Kroeger 50.00 30,000 $ 250.00 1/31/2020 Price Per Share $ 80.00 $ 90.00 $ 50.00 $ 70.00 $ 80.00 $ $ $ Compute the New Number of Shares that would be needed of each stock to properly rebalance this mutual fund on 1/31/2020. Assume the shares are to be owned in proportion to their market capitalization New Number of Shares $ Then you show the numbers in rebalancing a mutual fund: QUESTION 20 1/31/2020 Market Cap (Billions) 1/31/2020 Number of Shares Home Depot 40.00 10,000 Lowes $ 50.00 20,000 Kohls 30.00 40,000 Target 80.00 50,000 Kroeger 50.00 30,000 $ 250.00 1/31/2020 Price Per Share $ 80.00 $ 90.00 $ 50.00 $ 70.00 $ 80.00 $ $ $ Compute the New Number of Shares that would be needed of each stock to properly rebalance this mutual fund on 1/31/2020. Assume the shares are to be owned in proportion to their market capitalizationStep by Step Solution
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