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Suppose the market consists only of Merck (MRK) and Boeing (BA). Merck stock is trading for...

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.

If you hold 1000 shares of Merck, then the number of shares of Boeing that you hold is closest to:
  • A. 330 shares.
  • B. 240 shares.
  • C. 780 shares.
  • D. 510 shares.
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