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 T VZ Company AT&T CVX Chevron PFE Verizon MCD McDonald's GE Pfizer General Electric Merck XOM ExxonMobil Price ($) КО Coca-Cola 33.59 46.78 4.70% 93.70 112.18 3.82% 25.27 Yield 5.48% 31.15 3.60% MRK CAT Caterpillar 91.53 3.06% 56.79 92.45 42.22 3.63% 3.48% 3.17% 2.99% 2.89% You decide to make a small portfolio consisting of a collection of 4 of the top 10 Dogs of the Dow. (a) How many portfolios are possible? portfolios (b) How many of these portfolios contain MRK but not PFE? portfolios (c) How many of these portfolios contain at most one stock priced above $60? portfolios
The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top 10 stocks of the "Dogs of the Dow" list for 2015, based on their performance the preceding year. Symbol T VZ Company AT&T CVX Chevron PFE Verizon MCD McDonald's GE Pfizer General Electric Merck XOM ExxonMobil Price ($) КО Coca-Cola 33.59 46.78 4.70% 93.70 112.18 3.82% 25.27 Yield 5.48% 31.15 3.60% MRK CAT Caterpillar 91.53 3.06% 56.79 92.45 42.22 3.63% 3.48% 3.17% 2.99% 2.89% You decide to make a small portfolio consisting of a collection of 4 of the top 10 Dogs of the Dow. (a) How many portfolios are possible? portfolios (b) How many of these portfolios contain MRK but not PFE? portfolios (c) How many of these portfolios contain at most one stock priced above $60? portfolios
Chapter9: Sequences, Probability And Counting Theory
Section9.5: Counting Principles
Problem 42SE: In horse racing, a “trifecta” occurs when a bettor wins by selecting the first three finishers in...
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