Question

You are considering how to invest part of your retirement savings.You have decided to put

$400,000

into three​ stocks:

64 %

of the money in GoldFinger​ (currently

$ 18/share),

16 %

of the money in Moosehead​ (currently

$99​/share),

and the remainder in Venture Associates​ (currently

$4​/share).

Suppose GoldFinger stock goes up to

$39​/share,

Moosehead stock drops to

$ 63​/share,

and Venture Associates stock

dropsdrops

to

$ 2

per share.

a. What is the new value of the​ portfolio?

b. What return did the portfolio​ earn?

c. If you​ don't buy or sell any shares after the price​ change, what are your new portfolio​ weights?

Answer 1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

no intermediate rounding is done, otherwise no of shares will differ and will not get exact answer​​​​​​​