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Andreas93 [3]
3 years ago
12

You have a portfolio of two stocks that has a total value of $27,000. The portfolio is 39 percent invested in Stock J. If you ow

n 180 shares of Stock K, what is Stock K's share price?
Business
1 answer:
goblinko [34]3 years ago
6 0

Answer:

$91.50 per share

Explanation:

The computation of the stock k share price is shown below:

Total  value of portfolio = $27,000

The 39% invested in Stock J and the remaining 61% is invested in stock K

So, the value of K is

= $27,000 × 61%

= $16,470

And, the Stock K shares owned is 180

So, the share price of stock K is

= $16,470 ÷ 180 shares

= $91.50 per share

We simply divide the portfolio value of K by the number of shares owned by Stock k so that the share price of stock K could come

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That sounds like a grammatical Warlord.
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Which of the following is NOT a requirement for successful price discrimination? Sellers must be able to separate the market int
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Answer:

The correct answer is option d.

Explanation:

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3 years ago
Which employee had the highest earned commission? What specifically was their commission amount?
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<h3>What is commission?</h3>

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8 0
3 years ago
At an upscale fast-food restaurant, Shin can buy 3 burgers, 7 shakes, and one cola for $120. At the same place it would cost $16
igor_vitrenko [27]

Answer:

It will cost $31 for a meal of one burger, one shake, and one cola

Explanation:

Let

B = Burgers

S = shakes

C = cola

Now,

According to the question

3B + 7S + 1C = 120                     .............(i)

and

4B + 10S + 1C = 164.50              .............(ii)

Subtracting (i) from (ii)

we get

B + 3S = 44.50

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also,

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( B + 2B ) + ( 6S + S ) + C = 120

or

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B + 89 + S + C = 120

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It will cost $31 for a meal of one burger, one shake, and one cola

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Answer:

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