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Suppose that General Motor (GM) and Tesla Inc. (TSLA) were trading at $10.70 and $20.69 at t=0, respectively. Further, you invested $10,000 in an
Suppose that General Motor (GM) and Tesla Inc. (TSLA) were trading at $10.70 and $20.69 at "t=0," respectively. Further, you invested $10,000 in an equal weighted portfolio of GM and TSLA stocks at "t=0." After this the prices of GM and TSLA stocks changed to $17.81 and $29.79 at "t=1," respectively. Also, subsequent to these changes in prices you rebalanced your portfolio to ensure that it remains equal weighted. This rebalanced portfolio has number of shares of TSLA. (Negative amounts should be indicated by a minus sign. Round your final answer to 2 decimal places, e.g. 110.10)
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