You are considering how to invest part of your retirement savings. You have decided to put $600,000 into three stocks: 63% of the money in GoldFinger (currently $26/share), 18% of the money in Moosehead (currently $92/share), and the remainder in Venture Associates (currently $4/share). Suppose GoldFinger stock goes up to $42/share, Moosehead stock drops to $60/share, and Venture Associates stock rises to $9 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? a. What is the new value of the portfolio? The new value of the portfolio is $(Round to the nearest dollar.) You are examining a portfolio consisting of three stocks. Using the data in the table a. Compute the annual returns for a portfolio with 20% invested in North Air, 25% invested in West Air, and 55% invested in Tex Oil. b. What is the lowest annual return for your portfolio in part (a)? How does it compare with the lowest annual return of the individual stocks or portfolios in the table above. a. Compute the annual returns for a portfolio with 20% invested in North Air, 25% invested in West Air, and 55% invested in Tex Oil. The annual return for 2014 will be: (Round to two decimal places.) Year North Air West Air Portfolio 2014 22% 10% 3% % Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Stock Returns Portfolio Returns 1 Year North Air West Air Tex Oil 2 (R+Rw) (RW +RT) 2014 22% 10% -3% 16.0% 3.5% 2015 29% 229 -4% 25.5% 9.0% 2016 6% 10% 6.0% 8.0% 2017 -4% - 3% 22% -3.5% 9.5% 2018 - 3% -49 29% -3.5% 12.5% 10% 29% 6% 19.5% 17.5% Average Return 10.0% 10.0% 10.0% 10.0% 10.0% Volatility 13.3% 13.3% 13.3% 12.2% 4.7% 6% 2019