Use weighted average cost (WAC) for the following:

Select 5 stocks (ones assigned from question 1) and create a portfolio using the weighted average cost method. Ignore dividends or stock splits.

You have a budget of $200,500 and you are buying for todays date and return.

Collect and assign the following information for each equity:

a) Equity Name, Ticker, Date, price, 10-year annualized return [5 marks]

b) What is the allocation per each equity in terms of dollars (assign your weights)?

[15 marks]

c) Create 2 portfolios, which portfolio has a higher return ?Support your answer using details