Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You must hold $7M worth of Amazon shares. Calculate the number of shares to the nearest whole number based on stock prices available on the
You must hold $7M worth of Amazon shares. Calculate the number of shares to the nearest whole number based on stock prices available on the last day of the data.
2012-01-03 | 179.03 |
2012-01-04 | 177.51 |
2012-01-05 | 177.61 |
2012-01-06 | 182.61 |
2012-01-09 | 178.56 |
2012-01-10 | 179.34 |
2012-01-11 | 178.9 |
2012-01-12 | 175.93 |
2012-01-13 | 178.42 |
2012-01-17 | 181.66 |
2012-01-18 | 189.44 |
2012-01-19 | 194.45 |
2012-01-20 | 190.93 |
2012-01-23 | 186.09 |
2012-01-24 | 187 |
2012-01-25 | 187.8 |
2012-01-26 | 193.32 |
2012-01-27 | 195.37 |
2012-01-30 | 192.15 |
2012-01-31 | 194.44 |
2012-02-01 | 179.46 |
2012-02-02 | 181.72 |
2012-02-03 | 187.68 |
2012-02-06 | 183.14 |
2012-02-07 | 184.19 |
2012-02-08 | 185.48 |
2012-02-09 | 184.98 |
2012-02-10 | 185.54 |
2012-02-13 | 191.59 |
2012-02-14 | 191.3 |
2012-02-15 | 184.47 |
2012-02-16 | 179.93 |
2012-02-17 | 182.5 |
2012-02-21 | 182.26 |
2012-02-22 | 180.58 |
2012-02-23 | 178.89 |
2012-02-24 | 179.13 |
2012-02-27 | 178.53 |
2012-02-28 | 183.8 |
2012-02-29 | 179.69 |
2012-03-01 | 180.04 |
2012-03-02 | 179.3 |
2012-03-05 | 180.26 |
2012-03-06 | 181.09 |
2012-03-07 | 183.77 |
2012-03-08 | 187.64 |
2012-03-09 | 184.32 |
2012-03-12 | 183.39 |
2012-03-13 | 184.59 |
2012-03-14 | 182.26 |
2012-03-15 | 184.43 |
2012-03-16 | 185.05 |
2012-03-19 | 185.52 |
2012-03-20 | 192.33 |
2012-03-21 | 191.73 |
2012-03-22 | 192.4 |
2012-03-23 | 195.04 |
2012-03-26 | 202.87 |
2012-03-27 | 205.44 |
2012-03-28 | 201.16 |
2012-03-29 | 204.61 |
2012-03-30 | 202.51 |
2012-04-02 | 198.05 |
2012-04-03 | 199.66 |
2012-04-04 | 193.99 |
2012-04-05 | 194.39 |
2012-04-09 | 191.87 |
2012-04-10 | 186.98 |
2012-04-11 | 187.97 |
2012-04-12 | 190.69 |
2012-04-13 | 188.46 |
2012-04-16 | 185.5 |
2012-04-17 | 188.39 |
2012-04-18 | 191.07 |
2012-04-19 | 191.1 |
2012-04-20 | 189.98 |
2012-04-23 | 188.24 |
2012-04-24 | 190.33 |
2012-04-25 | 194.42 |
2012-04-26 | 195.99 |
2012-04-27 | 226.85 |
2012-04-30 | 231.9 |
2012-05-01 | 230.04 |
2012-05-02 | 230.25 |
2012-05-03 | 229.45 |
2012-05-04 | 223.99 |
2012-05-07 | 225.16 |
2012-05-08 | 223.9 |
2012-05-09 | 222.98 |
2012-05-10 | 226.69 |
2012-05-11 | 227.68 |
2012-05-14 | 222.93 |
2012-05-15 | 224.39 |
2012-05-16 | 224.06 |
2012-05-17 | 218.36 |
2012-05-18 | 213.85 |
2012-05-21 | 218.11 |
2012-05-22 | 215.33 |
2012-05-23 | 217.28 |
2012-05-24 | 215.24 |
2012-05-25 | 212.89 |
2012-05-29 | 214.75 |
2012-05-30 | 209.23 |
2012-05-31 | 212.91 |
2012-06-01 | 208.22 |
2012-06-04 | 214.57 |
2012-06-05 | 213.21 |
2012-06-06 | 217.64 |
2012-06-07 | 218.8 |
2012-06-08 | 218.48 |
2012-06-11 | 216.5 |
2012-06-12 | 216.42 |
2012-06-13 | 214.73 |
2012-06-14 | 214.45 |
2012-06-15 | 218.35 |
2012-06-18 | 222.66 |
2012-06-19 | 224.03 |
2012-06-20 | 223.02 |
2012-06-21 | 220.58 |
2012-06-22 | 222.16 |
2012-06-25 | 220.07 |
2012-06-26 | 225.61 |
2012-06-27 | 225.62 |
2012-06-28 | 221.31 |
2012-06-29 | 228.35 |
2012-07-02 | 229.32 |
2012-07-03 | 229.53 |
2012-07-05 | 227.06 |
2012-07-06 | 225.05 |
2012-07-09 | 225.05 |
2012-07-10 | 219.5 |
2012-07-11 | 218.37 |
2012-07-12 | 215.36 |
2012-07-13 | 218.39 |
2012-07-16 | 216.01 |
2012-07-17 | 216.93 |
2012-07-18 | 217.47 |
2012-07-19 | 226.17 |
2012-07-20 | 228.29 |
2012-07-23 | 226.01 |
2012-07-24 | 223.04 |
2012-07-25 | 217.05 |
2012-07-26 | 220.01 |
2012-07-27 | 237.32 |
2012-07-30 | 236.09 |
2012-07-31 | 233.3 |
2012-08-01 | 232.09 |
2012-08-02 | 230.81 |
2012-08-03 | 234.97 |
2012-08-06 | 233.99 |
2012-08-07 | 236.56 |
2012-08-08 | 234.38 |
2012-08-09 | 234.06 |
2012-08-10 | 232.75 |
2012-08-13 | 232.44 |
2012-08-14 | 233.19 |
2012-08-15 | 237.42 |
2012-08-16 | 241.55 |
2012-08-17 | 241.17 |
2012-08-20 | 240.35 |
2012-08-21 | 239.45 |
2012-08-22 | 243.1 |
2012-08-23 | 241.2 |
2012-08-24 | 245.74 |
2012-08-27 | 243.92 |
2012-08-28 | 246.11 |
2012-08-29 | 247.12 |
2012-08-30 | 246.22 |
2012-08-31 | 248.27 |
2012-09-04 | 247.88 |
2012-09-05 | 246.22 |
2012-09-06 | 251.38 |
2012-09-07 | 259.14 |
2012-09-10 | 257.09 |
2012-09-11 | 255.67 |
2012-09-12 | 255.63 |
2012-09-13 | 260.24 |
2012-09-14 | 261.27 |
2012-09-17 | 258 |
2012-09-18 | 258.75 |
2012-09-19 | 261.68 |
2012-09-20 | 260.81 |
2012-09-21 | 257.47 |
2012-09-24 | 254.8 |
2012-09-25 | 252.46 |
2012-09-26 | 249.67 |
2012-09-27 | 256.59 |
2012-09-28 | 254.32 |
2012-10-01 | 252.01 |
2012-10-02 | 250.6 |
2012-10-03 | 255.92 |
2012-10-04 | 260.47 |
2012-10-05 | 258.51 |
2012-10-08 | 259.06 |
2012-10-09 | 250.96 |
2012-10-10 | 244.99 |
2012-10-11 | 244.22 |
2012-10-12 | 242.36 |
2012-10-15 | 244.18 |
2012-10-16 | 243.94 |
2012-10-17 | 247.49 |
2012-10-18 | 244.85 |
2012-10-19 | 240 |
2012-10-22 | 233.78 |
2012-10-23 | 234.31 |
2012-10-24 | 228.49 |
2012-10-25 | 222.92 |
2012-10-26 | 238.24 |
2012-10-31 | 232.89 |
2012-11-01 | 232.14 |
2012-11-02 | 232.42 |
2012-11-05 | 234.33 |
2012-11-06 | 237.56 |
2012-11-07 | 232.06 |
2012-11-08 | 227.35 |
2012-11-09 | 226.31 |
2012-11-12 | 226.47 |
2012-11-13 | 226.6 |
2012-11-14 | 222.95 |
2012-11-15 | 220.6 |
2012-11-16 | 225.23 |
2012-11-19 | 229.71 |
2012-11-20 | 233.78 |
2012-11-21 | 238.03 |
2012-11-23 | 239.88 |
2012-11-26 | 243.62 |
2012-11-27 | 243.4 |
2012-11-28 | 247.11 |
2012-11-29 | 251.27 |
2012-11-30 | 252.05 |
2012-12-03 | 250.33 |
2012-12-04 | 252.49 |
2012-12-05 | 253.96 |
2012-12-06 | 253.37 |
2012-12-07 | 253.27 |
2012-12-10 | 247.77 |
2012-12-11 | 250.69 |
2012-12-12 | 251.76 |
2012-12-13 | 251.25 |
2012-12-14 | 249.19 |
2012-12-17 | 253.86 |
2012-12-18 | 260.4 |
2012-12-19 | 257.99 |
2012-12-20 | 261.5 |
2012-12-21 | 256.92 |
2012-12-24 | 258.62 |
2012-12-26 | 248.63 |
2012-12-27 | 248.31 |
2012-12-28 | 245.18 |
2012-12-31 | 250.87 |
2013-01-02 | 257.31 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started