The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $ 35 B 288,000 34 C D 406,000 660,000 26 25 During the year the portfolio manager sells all of the holdings of stock D and replaces it with 15,000 shares of stock E at $90 per share and 202,000 shares of stock F at $75 per share. Required: What is the portfolio turnover rate? Note: Round your answer to 1 decimal place. Turnover rate %

The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $ 35 B 288,000 34 C D 406,000 660,000 26 25 During the year the portfolio manager sells all of the holdings of stock D and replaces it with 15,000 shares of stock E at $90 per share and 202,000 shares of stock F at $75 per share. Required: What is the portfolio turnover rate? Note: Round your answer to 1 decimal place. Turnover rate %

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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A manager buys three shares of stock today, and then sells one of those shares each year for the next 3 years. His actions and the price history of the stock are summarized below. The stock pays no dividends. Time Price Action 0 $ 150 Buy 3 shares 1 180 Sell 1 share 2 180 Sell 1 share 3 180 Sell 1 share Required: a. Calculate the time-weighted geometric average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. Calculate the time-weighted arithmetic average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. Calculate the dollar-weighted average return on this portfolio. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Use this info to answer question 10, please don't answer 8: Use the following information to answer questions 8-10. In a particular year, the Pontipines Fund earned a return of 1% by making the following investments in asset classes: The return on a bogey portfolio was 2%, calculated from the following information: The total abnormal return on the Pontipines Fund's managed portfolio was: A) - 1.80% B) -1.00% C) 0.80% D ) 1.00% 10) The contribution of selection within markets to the Pontipines Fund's total abnormal return was: A) -1.80% B ) -1.00% C) 0.80% D) 1.00%
The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $ 34 B 280,000 38 C 410,000 30 D 580,000 45 During the year the portfolio manager sells all of the holdings of stock D and replaces them with 200,000 shares of stock E at $30 per share and 300,000 shares of stock F at $67 per share. What is the portfolio turnover rate? (Round your answer to 1 decimal place.) Turnover rate %
Portfolio Beta Your investment club has only two stocks in its portfolio. $50,000 is invested in a stock with a beta of 0.7, and $70,000 is invested in a stock with a beta of 2.3. What is the portfolio's beta? Do not round intermediate calculations. Round your answer to two decimal places.
The composition of the Fingroup Fund portfolio is as follows: Stock ABCD Shares 370,000 470,000 570,000 770,000 Price $ 35 40 10 15 Required: If during the year the portfolio manager sells all of the holdings of stock D and replaces it with 210,000 shares of stock E at $40 per share and 210,000 shares of stock F at $15 per share, what is the portfolio turnover rate? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Turnover rate 29.92 %
You hold a diversified $100, 000 portfolio consisting of 20 stocks with $5,000 invested in each. The portfolio's beta is 1.12. You plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. What will the portfolio's new beta be? Do not round your intermediate calculations. a. 1.500 b. 1.310 c 1.195 d. 1.165 e. 1.150 .
Jill Valentine has $100,000 invested in a 2-stock portfolio. $30,000 is invested in Stock X, and the remainder is invested in Stock Y. Stock X's Beta is 1.40 and Y's Beta is 0.90. What is the portfolio's Beta? (Ch. 8) Group of answer choices 1.25 0.90 1.40 1.16 1.05 PreviousNext
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