Business, 02.03.2020 17:45 rockinrosh12

You are considering how to invest part of your retirement savings. You have decided to put $ 200,000 into three stocks: 55 % of the money in GoldFinger (currently $ 25/share), 30 % of the money in Moosehead (currently $ 97/share), and the remainder in Venture Associates (currently $ 1/share). If GoldFinger stock goes up to $ 38/share, Moosehead stock drops to $ 65/share, and Venture Associates stock rises to $ 8 per share

(a) What is the new value of the portfolio?
(b) What return did the portfolio earn?

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