Question
you are considering how to invest part of your retirement savings. You have decided to put $20,000 into three stocks: 45% of the money into
you are considering how to invest part of your retirement savings. You have decided to put $20,000 into three stocks: 45% of the money into GoldFinger (currently $28/share), 25% of the money into Moosehead (currently $93/share), and the remainder in Venture Associates (currently $10/share). If goldfinger stock goes up to $32/share, Moosehead stock drops to $69/share, and venture associates stock rises up to $15/share. A. What is the new value of the portfolio? B. What is the number of GoldFinger Shares? (round to the nearest integer)
C. What is the number of Moosehead Shares? (round to the nearest integer)
D. What is the number of Venture shares? (round to the nearest integer)
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