Question: (Essay-type question. Show your work step by step in order to get points. You can either respond by uploading a file and/or writing online text.)
(Essay-type question. Show your work step by step in order to get points. You can either respond by uploading a file and/or writing online text.)
Suppose you buy 600 shares of Akbank at $12 per share and 200 shares of Garanti stock at $24 per share. If Akbanks share price goes up to $14 and Garantis decreases to $20. a) What return did the portfolio earn? b) What is Akbank and Garantis return? c) After the price change, what are the new portfolio weights?
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