Submit a written paper which is 2-3 pages in length, exclusive of the reference page. Papers should be double spaced in Times New Roman (or its equivalent) font which is no greater than 12 points in size. The paper should cite at least one source independent of the textbook.

In this paper, please discuss the following case study. In doing so, explain your approach to the problem, support your approach with references, and execute your approach. Provide an answer to the case studys question with a recommendation.

Case Study

A friend has confided in you that they have recently inherited a moderately sized investment portfolio from a relative. They dont know what to do with the assets. The friend comes to you for advice. Your immediate advice, of course, is for your friend to seek professional advice from a tax expert as well as a financial adviser. Your friend persists, however, and asks how the investment returns of the portfolio compare to other investments. You agree to review the portfolio and calculate the yields of each investment as well as determine the weighted average yield for the entire portfolio.

To complete this assignment, use the data from the table below. For your quantitative analysis compute the current market value of each security position of the portfolio, calculate individual yields based on current market pricing, and determine the weighted average factor and the weighted average yields.

• Explain the basis upon which you determined the weighted average yield.
• Explain the difference between a yield that is based on cost, as opposed to one that is based on current market value.
  • What are the different uses of both?
• What non-quantitative observations can you make about the portfolio?

Although you can transfer tables from Excel into Word, include the original Excel file in addition to the Word file with your submission.

Type of Investment	Company Name	Stock Symbol	Portfolio Position (# of shares)	Current Market Price	Current Market Value	Estimated Dividend/Interest	Estimated Current Yield	Weighted Average Factor	Weighted Average Yield
Common stock	Altria	MO	119	50,04	[___]	$247,00	[___]	[___]	[___]
Common stock	AT&T	T	173	32,09	[___]	$325,00	[___]	[___]	[___]
Common stock	Chevron	CVX	26	125,82	[___]	$111,00	[___]	[___]	[___]
Common stock	Coca Cola	KO	59	54,33	[___]	$77,00	[___]	[___]	[___]
Common stock	Duke Energy	DUK	65	87,68	[___]	$206,00	[___]	[___]	[___]
Common stock	Johnson & Johnson	JNJ	31	128,84	[___]	$86,00	[___]	[___]	[___]
Common stock	McDonalds	MCD	52	214,31	[___]	$176,00	[___]	[___]	[___]
Common stock	Pepsi Cola	PEP	17	130,74	[___]	$44,00	[___]	[___]	[___]
Common stock	Philip Morris Intl	PM	70	86,75	[___]	$280,00	[___]	[___]	[___]
Common stock	Proctor & Gamble	PG	52	113,85	[___]	$133,00	[___]	[___]	[___]
								0
				Total Portfolio Market Value	[___]
								Weighte Averatge Yield:	[___]