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Question
Consider the following stock price and shares outstanding data:| Stock Name | Price per Share | Shares Outstanding (Billions) |
| Lowes | $28.80 | 1.53 |
| Wal-Mart | $47.90 | 4.17 |
| Intel | $19.60 | 5.77 |
| Boeing | $75.00 | 0.79 |
Assume that you have $100,000 to invest and you are interested in creating a value-weighted portfolio of these four stocks. The number of shares of Wal-Mart that you would hold in your portfolio is closest to:
A) 710
B) 1390
C) 1000
D) 870
Answer
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Related questions
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