Use the Following Information to Answer the Question(s)below

question 30

Multiple Choice

Use the following information to answer the question(s) below.
Suppose the market consists only of Merck (MRK) and Boeing (BA) .Merck stock is trading for $36.70 per share with 2.11 billion shares outstanding while Boeing has 697.5 million shares outstanding and a market capitalization of $38.223 billion.Assume that you hold the market portfolio.
-Boeing's stock price is closest to:

• A)$18.25.
• B)$36.70.
• C)$54.80.
• D)$63.40.

---

Definitions:

Diaphragm

A dome-shaped muscular barrier between the thoracic cavity and abdominal cavity that plays a crucial role in breathing.

Stomach

A muscular organ in the digestive system that breaks down food using acids and enzymes, preparing it for further digestion in the intestines.

Mechanical Breakdown

The failure of a machine or device due to the wear and tear of its components or improper use.

Chemical Breakdown

The method of breaking down a substance into its basic elements or simpler compounds by means of chemical reactions.