You are considering how to invest part of your retirement savings.You have decided to put $ $100$ comma $000$ into three$$ stocks:

$68\%$ of the money in GoldFinger $($currently $ $23/$share$),11\%$ of the money in Moosehead $($currently $ $73/$share$),$ and the remainder in Venture Associates$($currently $ $4/$share$).$ Suppose GoldFinger stock goes up to $ $35/$share$,$ Moosehead stock drops to $ $53/$share$,$ and Venture Associates stock rises to $ $12$ 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 $$$

$$

$.($Round to the nearest$$ dollar.$)$