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You are considering how to invest part of your retirement savings. You have decided to put $ 2 0 0 , 0 0 0 into
You are considering how to invest part of your retirement savings. You have decided to put $ into three stocks:
of the money in GoldFinger currently $ share of the money in Moosehead currently $ share and the remainder in Venture Associates currently $ share Suppose GoldFinger stock goes up to $ share, Moosehead stock drops to $share and Venture Associates stock rises to $ 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.
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