Calculate the number of shares

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You have $1,000,000 to invest and create a portfolio invested 65% in BBY, 15% in GD, and 20% in STT. Assume that dividend income is received at the end of the month based on the shares held during the month and is reinvested at the portfolio level according to your initial target weights of {65%, 15%, 20%}. Suppose you implement your portfolio weights at the close of December 31, 2015, and then do not rebalance. For each month in the sample period calculate the number of shares of each stock held, the value of each stock position, the overall portfolio value, and the weight of each stock in your portfolio after dividend reinvestment.

Reference no: EM133119517

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