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You are considering how to invest part of your retirement savings.You have decided to put $400,000 into...

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Finance

You are considering how to invest part of your retirementsavings.You have decided to put $400,000

into three? stocks: 64% of the money in GoldFinger? (currently27?/share), 25%

of the money in Moosehead? (currently $99?/share), and theremainder in Venture Associates? (currently

$4?/share). Suppose GoldFinger stock goes up to $32?/share,

Moosehead stock drops to $51?/share, and Venture Associatesstock rises to $15

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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Transcribed Image Text

You are considering how to invest part of your retirementsavings.You have decided to put $400,000into three? stocks: 64% of the money in GoldFinger? (currently27?/share), 25%of the money in Moosehead? (currently $99?/share), and theremainder in Venture Associates? (currently$4?/share). Suppose GoldFinger stock goes up to $32?/share,Moosehead stock drops to $51?/share, and Venture Associatesstock rises to $15per 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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