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You are considering how to invest part of your retirement savings. You have decided to put $100,000 into three stocks: 51% of the money in
You are considering how to invest part of your retirement savings. You have decided to put $100,000 into three stocks: 51% of the money in GoldFinger (currently $27/ share), 14% of the money in Moosehead (currently $94/ share), and the remainder in Venture Associates (currently \$3/share). Suppose GoldFinger stock goes up to $35/ share, Moosehead stock drops to $50 /share, and Venture Associates stock rises to $11 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.) Fremont Enterprises has an expected return of 18% and Laurelhurst News has an expected return of 20%. If you put 69% of your portfolio in Laurelhurst and 31% in Fremont, what is the expected return of your portfolio? The expected return of the portfolio is \%. (Rounded to two decimal places.) You buy 110 shares of Tidepool Co. for $44 each and 200 shares of Madfish, Inc., for $18 each. What are the weights in your portfolio? The weight of Tidepool Co. stock in the portfolio is \%. (Round to two decimal places.)
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