The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top 10 stocks of the "Dogs of the Dow" list for 2015, based on their performance the preceding year.SymbolCompanyPrice ($)YieldTAT&T33.595.48%VZVerizon46.784.70%CVXChevron112.183.82%MCDMcDonald's93.703.63%PFEPfizer31.153.60%GEGeneralElectric25.273.48%MRKMerck56.793.17%CATCaterpillar91.533.06%XOMExxonMobil92.452.99%KOCoca-Cola42.222.89% How many of these portfolios contain VZ and MCD but neither KO nor XOM?

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Asked Nov 11, 2019
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The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top 10 stocks of the "Dogs of the Dow" list for 2015, based on their performance the preceding year.
Symbol Company Price ($) Yield
T AT&T 33.59 5.48%
VZ Verizon 46.78 4.70%
CVX Chevron 112.18 3.82%
MCD McDonald's 93.70 3.63%
PFE Pfizer 31.15 3.60%
GE General
Electric
25.27 3.48%
MRK Merck 56.79 3.17%
CAT Caterpillar 91.53 3.06%
XOM ExxonMobil 92.45 2.99%
KO Coca-Cola 42.22

2.89%

 
How many of these portfolios contain VZ and MCD but neither KO nor XOM?
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Expert Answer

Step 1

...
Assume that the stocks VZ and MCD are already selected for portfolio. The number of
stocks remained are 8. However, the stocks KO or XOM are not included in the portfolio.
Thus, the only choices for the portfolio remains are 6(10-4)
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Assume that the stocks VZ and MCD are already selected for portfolio. The number of stocks remained are 8. However, the stocks KO or XOM are not included in the portfolio. Thus, the only choices for the portfolio remains are 6(10-4)

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