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Suppose all possible investment opportunities in the world are limited to the four stocks list in the table below: Stock Price per Share Number of
Suppose all possible investment opportunities in the world are limited to the four stocks list in the table below:
Stock | Price per Share | Number of Shares Outstanding (Millions) |
Taggart Transcontinental | $15.60 | 25 |
Rearden Metal | $13.00 | 45 |
Wyatt Oil | $29.25 | 10 |
Nieldon Motors | $26.25 | 26 |
Suppose that you have invested $30,000 invested in the market portfolio. Then the number of shares of Rearden Metal that you hold is closest to:
a.) 450
b.) 700
c.) 1400
d.) 2300
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