OwnItAll (OIA) is a holding company whose sole business is to own a portfolio of shares. The company has 200 million shares outstanding, list on the Portland Stock Exchange.

A) Given the current portfolio of OIA, what should be its share price?

Stock Shares Share Price

IBM 1,500,000 92.89

AHOLD 5,250,000 8.23

KELLOG 385,529 45.29

GM 12,000,000 36.64

MICROSOFT 1,000,000 26.18

ATT 98,000,000 19.89

SBC 12,000,000 23.42

MERCK 15,000,000 28.02

NICOR 2,000,000 36.42

DUKE POWER 25,000,000 26.14