.. 01 Portfolio Hebalancing You have 100 milion dollars in your investment account and proportion and rebalance each quarter: keep your money allocated in the following 1. SON in stocks via ETF SPY I. 30. in bonds via ETF TLT. i 20% in cash Over the past few weeks, Spy went down from $340 to $255. and AGG went up from 5140 per Share to $178 per share Cash has an interest rate of zero. a. What is your account balance before rebalancing? What proportion of that is in SPY, TLT, and CASH respectively? (5 points) NOUSSUUUUUU b. How do you rebalance your account to keep the allocation at 50-30-20 for SPY AGG and cash respectively? What to buy and what to sell in dollar amount? How many SHARES of SPY and AGG to buy or sell (5 points) Page 2