ayannas portfolio consists of 150 shares of stock g, bought at $20 per share, and 100 shares of stock h…

ayannas portfolio consists of 150 shares of stock g, bought at $20 per share, and 100 shares of stock h, bought at $50 per share. stock g is now worth $22 per share, and stock h is valued at $48 per share. find the initial and current values of ayannas portfolio.\ninitial value: $square$\ncurrent value: $square$

ayannas portfolio consists of 150 shares of stock g, bought at $20 per share, and 100 shares of stock h, bought at $50 per share. stock g is now worth $22 per share, and stock h is valued at $48 per share. find the initial and current values of ayannas portfolio.\ninitial value: $square$\ncurrent value: $square$

Answer

Explanation:

Step1: Calculate initial value of Stock G

$150\times20 = 3000$

Step2: Calculate initial value of Stock H

$100\times50=5000$

Step3: Calculate initial portfolio value

$3000 + 5000=8000$

Step4: Calculate current value of Stock G

$150\times22 = 3300$

Step5: Calculate current value of Stock H

$100\times48 = 4800$

Step6: Calculate current portfolio value

$3300+4800 = 8100$

Answer:

Initial value: $$8000$ Current value: $$8100$