Question

You are considering how to invest part of your retirement savings.You have decided to put $600,000...

You are considering how to invest part of your retirement savings.You have decided to put $600,000 into three​ stocks: 55%of the money in GoldFinger​ (currently 27​/share), 24% of the money in Moosehead​ (currently $ 80 /share), and the remainder in Venture Associates​ (currently $3​/share). Suppose GoldFinger stock goes up to$43​/share, Moosehead stock drops to $50​/share,and Venture Associates stock rises to $11 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?

a. What is the new value of the​ portfolio?

The new value of the portfolio is ​$__.(Round to the nearest​ dollar.)

b. What return did the portfolio​ earn?

The portfolio earned a return of __​%.​(Round to two decimal​ places.)

c. If you​ don't buy or sell any shares after the price​ change, what are your new portfolio​ weights?

The weight of Goldfinger is now __​%.​(Round to two decimal​ places.)  

The weight of Moosehead is now __​%.​(Round to two decimal​ places.)

The weight of Venture is now __%. ​(Round to two decimal​ places.)

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
You are considering how to invest part of your retirement savings.You have decided to put $...
You are considering how to invest part of your retirement savings.You have decided to put $ 200,000 into three stocks: 51 %of the money in GoldFinger (currently $26/share), 12% of the money in Moosehead (currently $97/share), and the remainder in Venture Associates (currently $3/share). Suppose GoldFinger stock goes up to $43/share, Moosehead stock drops to $67/share, and Venture Associates stock rises to $8 per share. a. What is the new value of the portfolio? b. What return did the portfolio...
You are considering how to invest part of your retirement savings.You have decided to put $600,000...
You are considering how to invest part of your retirement savings.You have decided to put $600,000 into three? stocks: 64% of the money in GoldFinger? (currently $22?/share), 22% of the money in Moosehead? (currently $93?/share), and the remainder in Venture Associates? (currently $2?/share). Suppose GoldFinger stock goes up to $36?/share, Moosehead stock drops to $68?/share, and Venture Associates stock rises to $3 per share. a. What is the new value of the? portfolio? b. What return did the portfolio? earn?...
You are considering how to invest part of your retirement savings.You have decided to put $600,000...
You are considering how to invest part of your retirement savings.You have decided to put $600,000 into three​ stocks: 53% of the money in GoldFinger​ (currently $24​/share), 5% of the money in Moosehead​ (currently $90​/share), and the remainder in Venture Associates​ (currently $2​/share). Suppose GoldFinger stock goes up to $40​/share, Moosehead stock drops to $52​/share, and Venture Associates stock rises to $19 per share. a. What is the new value of the​ portfolio? b. What return did the portfolio​ earn?...
You are considering how to invest part of your retirement savings.You have decided to put $500,000...
You are considering how to invest part of your retirement savings.You have decided to put $500,000 into three? stocks: 55 % of the money in GoldFinger? ($22?/share), 15% of the money in Moosehead? (currently $78?/share), and the remainder in Venture Associates? (currently $10?/share). Suppose GoldFinger stock goes up to $40?/share, Moosehead stock drops to $65?/share, and Venture Associates stock rises to $16 per share. a. What is the new value of the? portfolio? b. What return did the portfolio? earn?...
You are considering how to invest part of your retirement savings.You have decided to put $300,000...
You are considering how to invest part of your retirement savings.You have decided to put $300,000 into three? stocks: 66% of the money in GoldFinger? (currently $19?/share), 13% of the money in Moosehead? (currently $97?/share), and the remainder in Venture Associates? (currently $10?/share). Suppose GoldFinger stock goes up to $40?/share, Moosehead stock drops to $57?/share, and Venture Associates stock rises to $19 per share. a. What is the new value of the? portfolio? b. What return did the portfolio? earn?...
You are considering how to invest part of your retirement savings.You have decided to put $400,000...
You are considering how to invest part of your retirement savings.You have decided to put $400,000 into three​ stocks: 53% of the money in GoldFinger​ (currently $22​/share), 7% of the money in Moosehead​ (currently $79​/share), and the remainder in Venture Associates​ (currently $1​/share). Suppose GoldFinger stock goes up to $30​/share, Moosehead stock drops to $62​/share, and Venture Associates stock rises to $8 per share. a. What is the new value of the​ portfolio? b. What return did the portfolio​ earn?...
You are considering how to invest part of your retirementsavings.You have decided to put $500000...
You are considering how to invest part of your retirement savings.You have decided to put $500000 into three stocks: 67% of the money in GoldFinger (currently $25 /share), 22% of the money in Moosehead (currently $80/share), and the remainder in Venture Associates (currently $7/share). Suppose GoldFinger stock goes up to $38 /share, Moosehead stock drops to $60 /share, and Venture Associates stock rises to $15 per share. a. What is the new value of the portfolio? b. What return did...
You are considering how to invest part of your retirement savings.You have decided to put $400...
You are considering how to invest part of your retirement savings.You have decided to put $400 000 into three​ shares: 57% of the money in Minerva​ (currently $29​/share), 23% of the money in Baumann​ (currently $96​/share), and the remainder in Martin Associates​ (currently $9​/share). Suppose Minerva shares go up to $35​/share, Baumann shares drop to $50​/share, and Martin Associates shares rise to $12 per share. a. What is the new value of the​ portfolio? b. What return did the portfolio​...
You are considering how to invest part of your retirement savings. You've decided to put $400,000...
You are considering how to invest part of your retirement savings. You've decided to put $400,000 into three stocks: 52% of the money in GoldFinger (currently $23/share), 16% of the money in Moosehead (currently $97/share), and the remainder in Venture Associates (currently $1/share). Suppose GoldFinger stock goes up to $32/share, Moosehead stock drops to $68/share, and Venture Associates stock rises to $6 per share. a. What is the new value of the portfolio? b. What return did the portfolio earn?...
You have ​$55,000. You put 19% of your money in a stock with an expected return...
You have ​$55,000. You put 19% of your money in a stock with an expected return of 12​%, $37,000 in a stock with an expected return of 16​%, and the rest in a stock with an expected return of 22​%. What is the expected return of your​ portfolio? The expected return of your portfolio is.... (round two decimal places) The weight of the second stock is... the weight of the third​ stock.... determine the expected return of the​ portfolio....
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT