You have received your investment portfolio year-end statement from your broker, Rich Wal dman. All investments were purchased at the January prices and held the entire year. Portfolio Year-End Statement Investment Number Dividend Price-Jan. 1 Price-Dec. 31 FernRod Corp. 400 shares $.30 $38.38 $45.75 Crown Realty, Inc. 500 shares 0 $74.50 $70.13 Sterling Mines 200 shares $.24 $27.88 $29.25 SJB Enterprises 300 shares $3.00 $68.75 $64.63 GTech 7.125% 16 20 bonds $98.50 $101.38 Comet 9.875% 17 10 bonds $103.88 $100.75
a. Calculate how much profit or loss you made for the year, including stock dividends and bond interest.
b. What was the total return on investment for your portfolio?
c. Using a broker's commission of 3% buying and 3% selling on the stocks and $5 buyin and $5 selling per bond, how much profit or loss would you make if you liquidated your entire portfolio at the December 31 prices?