Net asset value and gross and net leverage of portfolio

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On 1/1/2017 a portfolio had 100,000 dollars in cash and was long 3,000 shares of MSFT, long 4,000 shares of GE, and short 1,000 shares of SPY at closing prices on 1/1/2017.

Given the closing price on 1/1/2017 for MSFT, GE, SPY are 82.40, 18.21, 257.86 respectively, what is the 1) Net Asset Value 2) Gross and Net Leverage of portfolio on close of 1/1/2017.

Reference no: EM131913307

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