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P 12-4 (similar to) Question Help You are considering how to invest part of your retirement savings.You have decided to put $600,000 into three stocks:

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P 12-4 (similar to) Question Help You are considering how to invest part of your retirement savings.You have decided to put $600,000 into three stocks: 62% of the money in GoldFinger (currently $28/share), 23% of the money in Moosehead (currently $96/share), and the remainder in Venture Associates (currently $7 share). Suppose Gold Finger stock goes up o $30 share, Moosehead s ock dropsS54 share an ve ne Associates stock 02 to S es are. 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? a. What is the new value of the portfolio? The new value of the portfolio is Round to the nearest dollar.)

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