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johnpaech johnpaech
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5 years ago
Suppose that you have invested $30,000 in the market portfolio.  Then the number of shares of Wyatt Oil that you hold is closest to:
A) 150 shares
B) 300 shares
C) 350 shares
D) 450 shares
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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anicidanicid
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5 years ago
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More solutions for this book are available here
A
Explanation:  A) 
Calculations          B × C    D/1950
Stock   Price per
Share   Number of Shares
Outstanding
(Millions)   Market
Cap   Weight
Taggart Transcontinental   $15.60   25   $390.00   0.2
Rearden Metal   $13.00   45   $585.00   0.3
Wyatt Oil   $29.25   10   $292.50   0.15
Nielson Motors   $26.25   26   $682.50   0.35
Total         $1950.00   

SharesWO =   =   = 153.85 shares
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johnpaech Author
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#2
4 years ago
This course drove me insane!
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