Suppose you are holding the market portfolio shown in the table,

LOADING...

, and have invested

$46,000

in Stock C.

a. How much have you invested in Stock A?

b. How many shares of Stock B do you hold?

c. If the price of Stock C suddenly drops to

$3

per share, what trade in Stock C do you need to execute to maintain your portfolio at the same proportions as the market portfolio?

Question content area bottom

Part 1

a. How much have you invested in Stock A?

The amount that you have invested in Stock A is

$enter your response here.

(Round to the nearest dollar.)