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Ignore the circled answers. They mean nothing, Use information in the table below to answer question 14-16 Stock Stock price $20 Day 0 Shares outstanding

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Ignore the circled answers. They mean nothing,

Use information in the table below to answer question 14-16 Stock Stock price $20 Day 0 Shares outstanding (in m) 100 80 200 Market value (in Sm) $2,000 8,000 10,000 |A Day 1 Shares outstanding (in m) 100 BO 200 Stock price $20 100 62 Market value (in Sm) 2.000 8,000 12,400 100 C 50 14. If you want to create a value weighted portfolio comprised of the three stocks, what proportion of your portfolio should be in Stock B? A. 10% B. 40% C. 25% D. 50% 15. Suppose you invested $8,000 on Day 0, what is your portfolio value at Day 1? A. $7200 1B $8960 C. $8720 D. $9750 16. If instead, you hold an equally-weighted portfolio of the three stocks and you invested $8000 on Day 0, what is your portfolio value at Day 1? (A) $8640 B. $8750 C. $7200 D. $7480

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