Consider a world that only consists of the three stocks shown in the following table:
|
Total Number |
|||
|
Stock |
of Shares Outstanding |
Current Price per Share |
Expected Return |
|
First Bank |
100 Million |
$100 |
18% |
|
Fast Mover |
50 Million |
$120 |
12% |
|
Funny Bone |
200 Million |
$30 |
15% |
a. Calculate the total value of all shares outstanding currently.
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