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.)

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

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 $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?...
1. You have a portfolio of two stocks that has a total value of $28,000. The...
1. You have a portfolio of two stocks that has a total value of $28,000. The portfolio is 40 percent invested in Stock J. If you own 185 shares of Stock K, what is Stock K's share price? 2. What are the portfolio weights for a portfolio that has 200 shares of stock A that sell for $97 per share and 175 shares of Stock B that sell for $134 per share? (Do not round intermediate calculations and round your...
You have a portfolio made up of 4 stocks. Stock W, with a weight of 10%,...
You have a portfolio made up of 4 stocks. Stock W, with a weight of 10%, has an expected return of 12%. Stock X, with a weight of 20%, has an expected return of 19%. Stocks Y and Z each have weights of 35% and expected returns of 4% and 12% respectively. What is the expected return of your portfolio? Write the expected return in percent form, round to two decimal places.