Question
You are considering how to invest part of your retirement savings.You have decided to put $200,000 into three stocks: 58% of the money in GoldFinger
You are considering how to invest part of your retirement savings.You have decided to put $200,000 into three stocks:
58% of the money in GoldFinger (currently $28/share), 18% of the money in Moosehead (currently $71/share), and the remainder in Venture Associates (currently $10/share). Suppose GoldFinger stock goes up to $34/share, Moosehead stock drops to $53/share, and Venture Associates stock rises to $20 per share.
a. The new value of the portfolio? (in $)
b. the portfolio earned a return of? (%)
c. If you don't buy or sell any shares after the price change, what are your new portfolio values
The weight of Goldfinger is now what? (%)
The weight of Moosehead is now what? (%)
The weight of Venture is now what? (%)
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