Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you are considering how to invest part of your ret

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

90.2K

Verified Solution

Question

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?

Answer & Explanation Solved by verified expert
4.5 Ratings (929 Votes)
SEE THE IMAGE ANY DOUBTSFEEL FREE    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

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?

Other questions asked by students

Q

1.2.2*. Find an example to show that the phrase \"finitely many\" is necessary in the statement...

Advance Math
Q

Fill in the blank: In vitro irradiation of macromolecules causes _____ damage to macromolecules. A) Repairable Reversible Irreversible Both...

Biology
Q

D each of them decreases A wire of resistance R is bent into a square...

Physics
Q

Consider this statistical test hypothesis pair HO p 2 3 Ha p 2 3 This...

Statistics
Q

24 Find the Laplace Inverse for the following Function using Partial Faction S 10S 21...

Algebra
Q

Consider the following data for two products of Gitano Manufacturing. (Loss amounts should be indicated...

Accounting
Q

When originally purchased, a vehicle had an estimated useful life of eight years. The vehicle...

Accounting
Q

Sunland Water Co. is a leading producer of greenhouse irrigation systems. Currently, the company manufactures...

Accounting
Q

Por favor responda con 200 palabras o ms y una referencia! 1) Por qu...

Accounting
Q

a1) compute deeres inventory turnover for 2022a2) compute deeres days in inventory for 2022 ...

Accounting
Q

Humpback Incorporated is a manufacturer of water bottles located in Auckland. The company was established...

Finance
Q

Arianne has an unpaid credit card balance of $500. The card charges interest at a...

Finance