use yahoo finance. com STEP 2 (to be completed by...

80.2K

Verified Solution

Question

Finance

use yahoo finance. com image
image
STEP 2 (to be completed by 05/05/2023 ). Since you have allocated $100,000 to 5 stocks, now you can compute portfolio weights for each of them by doing W i = ( Value of stock i)/ Total portfocio value. please note the portfolio weights for your ftve stocks should add up to 1008 . On 05/05/2023, please find out the closing prices of the five stocks you hwe selected. Assume that none of the stocis pay dividends. Then compute the refurn for each stock R ias iPrice at 05/05/2023 minus Price at 03 (0/2023) divided by price at 03/10/2023, Further you could compute the portfolio retum as Rp-W/1 1 By the end of 05/05/2023, please reply at vour own post by adding the portfollo weights W 1 to W. 5, R. I to R.5, and the portfolio return R. p. The project is then considered to be complete. 1. AMZN: $90.73 per share; 330.24 shares ($29,962.68) 2. TSLA: $173.44 per share; 173 shares ($30,005.12) 3. AAPL: $148.50 per share; 202 shares ($29,997) 4. ELF: $69.57 per share; 72 shares ($5,009.04) 5. META: $179.51 per share; 28 shares ($5,026.28) Total closed 3/10/2023:\$100,000.12 $100,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students