You wish to create a compact portfolio of 10 different stocks. To improve diversification, you want to enforce a good variety of industries, so you have decided on the following selection: Number of companies Industry Consumer goods 3 Healthcare 4 Manufacturing the rest You are making your selection from the top 10 U.S. companies by market capitalization, in each of your target industries. How many different ways can you create your portfolio?

You wish to create a compact portfolio of 10 different stocks. To improve diversification, you want to enforce a good variety of industries, so you have decided on the following selection: Number of companies Industry Consumer goods 3 Healthcare 4 Manufacturing the rest You are making your selection from the top 10 U.S. companies by market capitalization, in each of your target industries. How many different ways can you create your portfolio?

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter13: Direct Foreign Investment

Section: Chapter Questions

Problem 2IEE

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