PFIN 5th Edition by Randall Billingsley,Lawrence Gitman,Michael Joehnk

Exercise 7

Tracking portfolio performance. Use Worksheet 11.2 to help luke and lillian Dobbins, a married couple in their early 30s, evaluate their securities portfolio, which includes these holdings.
a. IBM. (NYSE; symbol IBM): 100 shares bought in 2011 for $170.40 per share.
b. Procter Gamble (NYSE; symbol PG): 150 shares purchased in 2010 at $61.85 per share.
c. Google (NASDAQ; symbol, GOOG): 200 shares purchased in 2014 at $519.98 per share.
d. The Dobbins also have $8,000 in a one-year CD they bought one year ago, which pays 1.25 percent annual interest.
1. Based on the latest quotes obtained from the Internet, complete Worksheet 11.2. Consider using an online portfolio tracker like the one provided by Google (www.google.com/finance/portfolio).
2. What's the total amount the Dobbins have invested in these securities, the annual income they now receive, and the latest market value of their investments?