Question

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?

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

Business   Finance   
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 $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 $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'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 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....
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​...
Question 1 Your friend from Netherlands is planning to visit you in the United States. You...
Question 1 Your friend from Netherlands is planning to visit you in the United States. You estimate the cost of her trip at $6,781. What is the cost to her in euros if 1 Euro = $1.2001? Question 2 You are planning to visit Japan in December. You estimate the cost of your trip to be $820. How many yen do you need to buy if the exchange rate is 1$ = 123.1 yen? Question 3 ABC Company has projected...
After reading the following article, how would you summarize it? What conclusions can be made about...
After reading the following article, how would you summarize it? What conclusions can be made about Amazon? Case 12: Amazon.com Inc.: Retailing Giant to High-Tech Player? (Internet Companies) Overview Founded by Jeff Bezos, online giant Amazon.com, Inc. (Amazon), was incorporated in the state of Washington in July 1994, and sold its first book in July 1995. In May 1997, Amazon (AMZN) completed its initial public offering and its common stock was listed on the NASDAQ Global Select Market. Amazon quickly...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT