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You have received your investment portfolio year end statement from your broker Rich Waldman All investments were purchase at the January prices and held the entire year Portfolio Year End

You have received your investment portfolio year-end statement from your broker, Rich Waldman. All investments were purchase 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 $0.30 $38.38 $45.75
Crwon Realty, Inc. 500 shares $0.00 $74.50 $70.13
Sterling Mines 200 shares $0.24 $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 brokers commission of 3% selling on the stocks and $5 buying and 5$ selling per bond, how much profit or loss would you make if you liquidate your entire portfolio at the December 31 prices?

D. What would be the return on investment?

 

Apr 23 2020 View more View Less

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