Question
You have received your investment portfolio year-end statement from your broker, Rich Waldman. All investments were purchase at the January prices and held the entire
You have received your investment portfolio year-end statement from your broker, Rich Waldman. All investments were purchase at the January prices and held the entire year.
Portfolio Year-End Statement | ||||
Investment | Number | Dividend | Price-Jan 1 | Price Dec-31 |
FernRod Corp. | 400 shares | $0.30 | $38.38 | $45.75 |
Crwon Realty, Inc. | 500 shares | $0.00 | $74.50 | $70.13 |
Sterling Mines | 200 shares | $0.24 | $27.88 | $29.25 |
SJB Enterprises | 300 shares | $3.00 | $68.75 | $64.63 |
GTech 7.125% 16 | 20 bonds | $98.50 | $101.38 | |
Comet 9.875% 17 | 10 bonds | $103.88 | $100.75 |
A. Calculate how much profit or loss you made for the year, including stock dividends and bond interest.
B. What was the total return on investment for your portfolio?
C. Using a brokers commission of 3% selling on the stocks and $5 buying and 5$ selling per bond, how much profit or loss would you make if you liquidate your entire portfolio at the December 31 prices?
D. What would be the return on investment?
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