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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 percentage of the shares outstanding of Boeing that you would hold in your portfolio is closest to:
A) .000018%
B) .000020%
C) .000024%
D) .000031%
Answer
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Related questions
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Money that has been or will be paid regardless of the decision whether or not to proceed with the project is: A) cannibalization. B) considered as part of the initial investment in the project. C) an opportunity cost. D) a sunk cost.