The "Dogs of the Dow" Refer to the Stocks Listed

question 59

Short Answer

The "Dogs of the Dow" refer to the stocks listed on the Dow with the highest dividend yield. The table shows the top ten stocks of the "Dogs of the Dow" list in February, 2005. You decide to make a small portfolio consisting of a collection of six of the top ten Dogs of the Dow. $$\begin{array} { | c | c | c | c | } \hline \text { Symbol } & \text { Company } & \text { Price } & \text { Yield } \\\hline \text { SBC } & \begin{array} { c } \text { SBC } \\\text { Communications }\end{array} & 23.62 & 5.46 \% \\\hline \text { GM } & \text { General Motors } & 36.64 & 5.46 \% \\\hline \text { MRK } & \text { Merck } & 28.02 & 5.42 \% \\\hline \text { MO } & \text { Altria } & 63.20 & 4.62 \% \\\hline \text { VZ } & \text { Verizon } & 35.68 & 4.32 \% \\\hline \text { JPM } & \text { JP Morgan Chase } & 37.00 & 3.68 \% \\\hline \text { C } & \text { Citigroup } & 48.38 & 3.64 \% \\\hline \text { PFE } & \text { Pfizer } & 24.35 & 3.12 \% \\\hline \text { DD } & \text { DuPont } & 47.23 & 2.96 \% \\\hline \text { GE } & \text { General Electric } & 35.75 & 2.46 \% \\\hline\end{array}$$
How many portfolios are possible ?
__________ portfolios
How many of these portfolios contain SBC but not MO ?
__________ portfolios
How many of these portfolios contain at most one stock priced above $40 ?
__________ portfolios

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Definitions:

Adopting Values

The process through which individuals or organizations integrate new beliefs, attitudes, and standards into their existing value systems.

Organizational Socialization

The process by which a new employee learns the values, norms, and expected behaviors of an organization to become an effective member.

Cultural Values

The core principles and ideals upon which an entire community exists and functions, deeply influencing people's behaviors and perceptions.

Senior Employees

Employees who have extensive experience or tenure within a company or industry, often holding positions of authority or leadership.