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You are considering how to invest part of your retirement savings.You have decided to put $500,000 into three​ stocks: 5

Posted: Tue Apr 26, 2022 11:50 am
by answerhappygod
You are considering how to invest part of your retirement
savings.You have decided to put $500,000 into three​ stocks:
53% of the money in GoldFinger​ (currently $28​/share), 25% of
the money in Moosehead​ (currently $96​/share), and the
remainder in Venture Associates​ (currently $6​/share).
Suppose GoldFinger stock goes up to $30​/share, Moosehead stock
drops to $52​/share, and Venture Associates stock rises to $18 per
share.
a. The new value of the portfolio is ​$____. ​ (Round to
the nearest​ dollar.)
b. The portfolio earned a return of ____%. ​(Round to two
decimal​ places.)
c. The weight of Goldfinger is now ___​%. (Round to two
decimal​ places.)  
d. The weight of Moosehead is now ___​%. ​(Round to two
decimal​ places.)
e. The weight of Venture is now ___​%. ​(Round to two
decimal​ places.)