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How many shares can you buy today with $20,000 of the company of your choice? I choose PepsiCo. and I belive the price share is $147.87 unless I'm wrong. I don't fully understand this question.

How many shares can you buy today with 20000 of the company of your choice I choose PepsiCo and I belive the price share is 14787 unless Im wrong I dont fully u class=

Respuesta :

Since the CURRENT listed share price currently is given as $146.63.

With $20,000, we can buy;

[tex]\begin{gathered} \frac{20,000}{146.63}=136.39\approx\text{ 136 shares} \\ \end{gathered}[/tex]

Therefore, we can buy 136 shares with $20,000

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