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11.4........................................................................ You are considering how to invest pan of your retirement savings_You have decided to put $200,000 into three stocks: 50% of the money in
11.4........................................................................
You are considering how to invest pan of your retirement savings_You have decided to put $200,000 into three stocks: 50% of the money in GoldFinger (currently $25/share), 25% of the money in Moosehead (currently $80,/share), and the remainder in Venture Associates (currently S2/share)_ If GoldFinger stock goes up to $30/share, Moosehead stock drops to S60/share, and Venture Associates stock rises to $3 per share. a. What is the new value ofthe poltfolio? 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? a. What is the new value of the portfolio? The number of shares of GoldFingeris 4000 shares (Roundto the nearest integer.) The number of shares of Moosehead is 625 shares. (Round to the nearest integer.) The number of shares ofVentureis 25000 shares. (Round to the nearest integer.) The new value of the portfolio is S 232500 . (Round to the nearest dollar.) b. What return did the portfolio earn? The portfolio eamed a retum of 16.25 0/0. (Round to two decimal places.) c. If you don't buy or sell any shares after the price change, what are your new portfolio weights? Weight of GoldFinger is now 61.61%/0. (Round to two decimal places.) Weight of Mooseheadis now 15.13%. (Round to two decimal places.) Weight of Venture is now (Roundto two decimal places.)
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