What is the new value of the portfolio

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Question - You are considering how to invest part of your retirement savings. You have decided to put $200,000 into three stocks: 64% of the money in Gold-Finger (currently $23/share), 9% of the money in Moosehead (currently $78/share), and the remainder in Venture Associates (currently $1/share). Suppose GoldFinger stock goes up to $44/share, Moosehead stock drops to $60/share and Venture Associates stock rises to $6 per share

Required -

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 alter the price change, what are your new portfolio weights?

Reference no: EM133063453

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