You are considering how to invest part of your retirement savings. You have decided to put $200,000 into three stocks: 53% of the money in GoldFinger (currently $19/share), 16% of the money in Moosehead (currently $79/share), and the remainder in Venture Associates (currently $8/share). Suppose GoldFinger stock goes up to $40/share, Moosehead stock drops to $53/share, and Venture Associates stock rises to $9 per share.
a. What is the new value of the portfolio (round to 2 decimal places)
b. What return did the portfolio earn (round to 2 decimal places)
c. If you don't buy or sell any shares after the price? change, what are your new portfolio weights?
The weight of Goldfinger is now ____% (Round to two decimal places.)
The weight of Moosehead is now ____%. (Round to two decimal places.)
The weight of Venture is now ____% (Round to two decimal places.)