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You are considering how to invest part of your retirement savings. You have decided to put $ 6 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 GoldFingercurrently $ share of the money in Mooseheadcurrently $ share and the remainder in Venture Associatescurrently $ 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?
You are considering how to invest part of your retirement savings. You have decided to put $ into three stocks:
of the money in GoldFingercurrently $ share of the money in Mooseheadcurrently $ share and the remainder in Venture Associatescurrently $ 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?
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