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3 . On April9 2018 portfolio had 100 000 dollars in cash and was long 2000 shares of MSFT long 3000 Shares of GE and

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3 . On April9 2018 portfolio had 100 000 dollars in cash and was long 2000 shares of MSFT long 3000 Shares of GE and short 1000 shares of SPY at a closing prices on April 9 2018 Look for closing prices at Yahoo finance a ) What is the Net Asset Value ( NAV ) of portfolio on the close of April 9 2018 Le value of money left if portfolio is liquidated b ) What is the gross and net leverage of portfolio on close of April 9 2018 ? c ) Using historical data from Yahoo and assuming cash earned 1 % annually with daily compounding simulate in preadsheet portfolio NAV and leverage from January 4 2010 to April 9 2018 ( Calculate portfolio NAV and portfolio leverage for every business day . Use split and dividend adjusted price , adj close last column on Yahoo

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