You have $45,050 to invest. You want to purchase shares of Company Air at $10.25, Company B at $15.10, and Company F at $9.05. How many shares of each company should you purchase so that your portfolio consists of 30 percent Company A, 50 percent Company B, and 20 percent Company F? Report only whole stock shares.
A) Company A = 30 shares, Company B = 50 shares, Company F = 20 shares
B) Company A = 44 shares, Company B = 30 shares, Company F = 50 shares
C) Company A = 308 shares, Company B = 755 shares, Company F = 181 shares
D) Company A = 1,318 shares, Company B = 1,490 shares, Company F = 995 shares
Correct Answer:
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