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

$500,000

into three stocks:

56%

of the money in GoldFinger (currently

$16/share),

5%

of the money in Moosehead (currently

$88/share),

and the remainder in Venture Associates (currently

$7/share).

Suppose GoldFinger stock goes up to

$41/share,

Moosehead stock drops to

$62/share,

and Venture Associates stock

rises

to

$18

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?

Question content area bottom

Part 1

a. What is the new value of the portfolio?

The new value of the portfolio is

$enter your response here.

(Round to the nearest dollar.)

Part 2

b. What return did the portfolio earn?

The portfolio earned a return of

enter your response here%.

(Round to two decimal places.)

Part 3

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

enter your response here%.

(Round to two decimal places.)

Part 4

The weight of Moosehead is now

enter your response here%.

(Round to two decimal places.)

Part 5

The weight of Venture is now

enter your response here%.

(Round to two decimal places.)