Question

amys portfolio includes 200 shares of stock c and 150 shares of stock d. stock c was purchased at $25 per share, and stock d at $30 per share. now, stock c is valued at $28 per share, and stock d at $27 per share. what is the initial and current value of amys portfolio? initial: $9,500; current: $9,650 initial: $11,000; current: $11,100 initial: $10,500; current: $11,100 initial: $9,000; current: $10,050

Explanation:

Step1: Calculate initial value

Initial value of stock C = 200 25 = 5000. Initial value of stock D = 150 30 = 4500. Initial portfolio value = 5000 + 4500 = 9500.

Step2: Calculate current value

Current value of stock C = 200 28 = 5600. Current value of stock D = 150 37 = 5550. Current portfolio value = 5600+5550 = 11100.

Answer:

Initial: $9,500; current: $11,100