You have $15,000to invest.You want to purchase shares of Alaska Air at $42.88, Best Buy at $51.32,
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Question:
You have $15,000to invest.You want to purchase shares of Alaska Air at $42.88, Best Buy at $51.32, and Ford Motor at $8.51. How many shares of each company should you purchase so that your portfolio consists of 30 percent Alaska Air, 40 percent Best Buy, and 30 percent Ford Motor?(Do not round intermediate calculations and round your final answers to the nearest whole number.)
Alaska airshares? Best buyshares? Ford motorshares?
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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