Question
Need answer ASAP please! You own threestocks: 600 shares of AppleComputer,10,000 shares of CiscoSystems, and 5,000 shares ofColgate-Palmolive. The current share prices and expected returns
Need answer ASAP please!
You own threestocks: 600shares of AppleComputer,10,000 shares of CiscoSystems, and 5,000 shares ofColgate-Palmolive. The current share prices and expected returns ofApple, Cisco, andColgate-Palmolive are, respectively, $463, $22, $99 and 12%, 10%, 8%.
a.What are the portfolio weights of the three stocks in yourportfolio?
b.What is the expected return of yourportfolio?
c.Suppose the price of Apple stock goes up by $27, Cisco rises by $6, andColgate-Palmolive falls by $15. What are the new portfolioweights?
d.Assuming thestocks' expected returns remain thesame, what is the expected return of the portfolio at the newprices?
The portfolio weight of Apple Computer is what %?(Round to two decimalplaces.)
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
