You Have $15,040 to Invest

Multiple Choice

You have $15,040 to invest. You want to purchase shares of Company A at $42.50, Company B at $51.50, and Company F at $9.75. How many shares of each company should you purchase so that your portfolio consists of 20 percent Company A, 40 percent Company B, and 40 percent Company F? Report only whole stock shares.

A) Company A = 20 shares, Company B = 40 shares, Company F = 40 shares
B) Company A = 85 shares, Company B = 21 shares, Company F = 39 shares
C) Company A = 70 shares, Company B = 116 shares, Company F = 617 shares
D) Company A = 353 shares, Company B = 291 shares, Company F = 1538 shares