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Suppose you buy 400 shares of TBQ at $160 per share and 600 shares of RDR at $60 per share. If TBQ s share price

Suppose you buy 400 shares of TBQ at $160 per share and 600 shares of RDR at $60 per share. If TBQ s share price goes up to $200 and RDR s falls to $46.67, what is the new value of the portfolio? (Pick the closest answer.)

Select one:

a.$100,000.

b.$110,000.

c.$104,000.

d.$108,000.

e.$92,000.

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