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LISCS data for these exercises can be found on the Benninga, Principles with Excel, Third Edition companion website (www.oup.com/us/ Benninga). Note: The data for these

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LISCS data for these exercises can be found on the Benninga, Principles with Excel, Third Edition companion website (www.oup.com/us/ Benninga). Note: The data for these exercises of Finance with Excel, Third Edit (Valuation of holding company) OwnItAll (OIA) is a holding company whose cole business is to own a portfolio of shares. The company has 200 million shares outstanding, listed on the Portland Stock Exchange. a. Given the current portfolio of OIA, what should be it's share price? (There's a template on the companion website at http://global.oup .com/us/benninga.) B OIA PORTFOLIO Number of Stock shares 3 IBM 1,500,000 4 Ahold 5,250,000 5 Kellogg 385,259 6 General Motors 12,000,000 | 7 | Microsoft 1,000,000 8 AT&T 98,000,000 9 SBC 12,000,000 10 Merck 15,000,000 11 Nicor 2,000,000 12 Duke Power 25,000,000 Share price 92.89 8.23 45.29 36.64 26.18 19.89 23.42 28.02 36.42 26.14 b. The actual market price of OIA's shares is $25 per share. What can you conclude from this fact

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