You are considering how to invest part of your retirement savings.

You have decided to put $500,000 into three stocks: 62% of the money in GoldFinger (currently $25 /share), 6% of the money in Moosehead (currently $89/share), and the remainder in Venture Associates (currently $3/share).

Suppose Goldfinger stock goes up to $33/share, Moosehead stock drops to $55/share, and Venture Associates stock rises to $17 per share.

a. What is the new value of the portfolio?

The new value of the portfolio is $____ (Round to the nearest dollar.)

b. What return did the portfolio earn?

The portfolio earned a return of ___%. (Round to two decimal places.)

c. If you don't buy or sell any shares after the price change, what are your new portfolio weights?

The weight of Goldfinger is now ____%. (Round to two decimal places.)

The weight of Moosehead is now___%. (Round to two decimal places.)

The weight of Venture is now ____%. (Round to two decimal places.)