You have received your investment portfolio year-end, Ask an Expert

Statistics

You have received your investment portfolio year-end statement from your broker, Rich Wal dman. All investments were purchased at the January prices and held the entire year. Portfolio Year-End Statement Investment Number Dividend Price-Jan. 1 Price-Dec. 31 FernRod Corp. 400 shares $.30 $38.38 $45.75 Crown Realty, Inc. 500 shares 0 $74.50 $70.13 Sterling Mines 200 shares $.24 $27.88 $29.25 SJB Enterprises 300 shares $3.00 $68.75 $64.63 GTech 7.125% 16 20 bonds $98.50 $101.38 Comet 9.875% 17 10 bonds $103.88 $100.75

a. Calculate how much profit or loss you made for the year, including stock dividends and bond interest.

b. What was the total return on investment for your portfolio?

c. Using a broker's commission of 3% buying and 3% selling on the stocks and $5 buyin and $5 selling per bond, how much profit or loss would you make if you liquidated your entire portfolio at the December 31 prices?

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M91143655

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Let a random sample be taken of size n 64 from a

Let a random sample be taken of size n = 64 from a population with a known standard deviation of 15. Suppose that the mean of the sample is 40. Find the 99% confidence interval for the mean of the population from which t ...

The following are amounts of time minutes spent on hygiene

The following are amounts of time (minutes) spent on hygiene and grooming in the morning by survey respondents (based on data from an SCA survey). 15, 16, 18, 25, 26, 30, 32, 41, 45, 55, 63. Does the number 63 appear unu ...

A puck company wants to sponsor the players with the 20

A puck company wants to sponsor the players with the 20% quickest goals in hockey games. The times of first goals are normally distributed with a mean of 8.54 minutes and a standard deviation of 4.91 minutes. How fast wo ...

The companys cleaning service states that they spend more

The company's cleaning service states that they spend more than 46 minutes each time the cleaning service is there. The company times the length of 37 randomly selected cleaning visits and finds the average is 47.6 minut ...

Consider a normally distributed set of scores with a mean

Consider a normally distributed set of scores with a mean of 0 and a standard deviation of 5. If a value of 3.25 is sampled from this distribution, what is the corresponding z-score? If necessary, round your answer to tw ...

A clinical psychologist is the primary therapist for 18

A clinical psychologist is the primary therapist for 18 patients. She randomly selects a sample of 3 patients to be in her study. How many different samples of this size can be selected from this population of 18 patient ...

Jamie dimon changed the business model for jpmorgan chase

Jamie Dimon changed the business model for JPMorgan Chase in 2008. In the process, the bank gave enormous trading authority to one individual. What are the ERM strengths and weaknesses of this strategy?

According to a field poll 276 out of 615 of california

According to a Field Poll, 276 out of 615 of California adults feel that "education and our schools" is one of the top issues facing California. We wish to construct a 90% confidence interval for the true proportion of C ...

Bowman corp pays a constant 1440 dividend on its stock the

Bowman Corp. pays a constant $14.40 dividend on its stock. The company will maintain this dividend for the next six years and will then cease paying dividends forever. Required: If the required return on this stock is 1 ...

Jen and barry calculate the overall cost per shift y for

Jen and Barry calculate the overall cost per shift y for "Jen & Barry's Fast Fresh Salad Bags". They determine that 20 salad bags can be produced for a total cost of $80 and that 50 salad bags can be produced for total c ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert