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You are considering how to invest part of your retirement savings.You have decided to put $ 6 0 0 , 0 0 0 into three
You are considering how to invest part of your retirement savings.You have decided to put $ into three stocks:
of the money in GoldFingercurrently $ share of the money in Mooseheadcurrently $ share and the remainder in Venture Associatescurrently $ share Suppose GoldFinger stock goes up to $ share Moosehead stock drops to $ share and Venture Associates stock rises to $ per share.
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?
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