*please show all work*

Question 5 - Portfolio Return [4 points]: Harold Rawlings has computed the returns he earned last year from each of the stocks he holds in his portfolio. The individual returns and the amounts he had invested in each stock at the beginning of the year are shown in the following table: a. Compute the retum that Harold eamed on his portfolio during the year: b. Harold has decided to keep Danka in his portfolio, even though it has experienced fiaancial difficulties and performed very poorly last year, because he expects a significant turnaround that will generate a 25 percent return next yeat. Suppose that Harold is correct. Assuming that the returns from the other stocks remain the same as last ycar, compute the return on the pontolio for next year. (Hint: The portolio weights for the stocks change based on the returns eamed last year, so the values of the stocks at the end of the year shoukl be used to compute the new weights.)