Question
Suppose BEST Fund has a total of $120 m and wants to invest in three companies, A, B and C. The allocation is $20 m
Suppose BEST Fund has a total of $120 m and wants to invest in three companies, A, B and C. The allocation is $20 m in A, $40 m in B and the rest in C. The stock price of A is $10, of B is $40 and of C is $6. How many shares of each company will the BEST Fund own?
Group of answer choices
2 million shares of A, 1 million shares of B, and 10 million shares of C
20 million shares of A, 1 million shares of B, and 20 million shares of C
2 million shares of A, 1 million shares of B, and 7.5 million shares of C
cannot be calculated from the given information
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