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Problem 9-30 Portfolio Weights (LG9-7) You have $29,000 to invest. You want to purchase shares of Xerox at $18.24, Qwest at $9.05, and Liz Claiborne
Problem 9-30 Portfolio Weights (LG9-7)
| You have $29,000 to invest. You want to purchase shares of Xerox at $18.24, Qwest at $9.05, and Liz Claiborne at $45.63. How many shares of each company should you purchase so that your portfolio consists of 15 percent Xerox, 50 percent Qwest, and 35 percent Liz Claiborne? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Xerox | shares |
| Qwest | shares |
| Liz Claiborne | shares |
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