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4) a. Suppose that you are interested in investing on stock X, 1500 shares at $21 per share and stock Y, 1000 shares of at

4) a. Suppose that you are interested in investing on stock X, 1500 shares at $21 per share and stock Y, 1000 shares of at $28 per share.

-Calculate the value of the portfolio and the portfolio weights.

b. Assume that Xs share price goes up to $23 and Ys goes down to $24.

-Calculate the new value of the portfolio and the new portfolio weights.

-What return do you earn after price changes?

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