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You considering how to incest part of your retirement savings. you have decided to put $400,000 into 3 stocks. 51% of the money into Goldfinger
You considering how to incest part of your retirement savings. you have decided to put $400,000 into 3 stocks. 51% of the money into Goldfinger (currently $24/share), 24% of the money in Moosehead (currently $87/share), and the remainder in Venture Associates (currently $2/share). Suppose GolfFinger stock goes up $33/share, Moosehead stock drops to $62/share, and venture associates stock rises to $13 per share.
A. what is the new value of the portfolio
B. What return did the portfolio earn?
C. If you do not buy or sell any shares after the proce change, what are your new portfolio weights?
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