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Christopher Robin Purchased 500 Shares of Pooh Inc

Question 111

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Christopher Robin purchased 500 shares of Pooh Inc.at $48 per share and 1,000 shares of Piglet Inc.at $35 per share one year ago.Pooh and Piglet paid quarterly dividends of $0.80 and $0.50 per share, respectively, during the year.One year later, he sold both securities at $45 per share.The two securities have a correlation of 0.6, and the standard deviations of Pooh and Piglet are 15 percent and 12 percent, respectively.
a)What fraction of Christopher Robin's portfolio is invested in Pooh? What fraction is invested in Piglet?
b)What are the income yields of Pooh, Piglet, and the portfolio?
c)What are the capital gain yields of Pooh, Piglet, and the portfolio?
d)What are the total returns of Pooh, Piglet, and the portfolio?
e)What is the standard deviation of the portfolio?

Correct Answer:

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a)Total amount invested = 500*48 + 1,000...

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