Question
1.If stocks return 10% APR and bonds return 5% APR and they rebalance their portfolio every year, what percentage of their portfolio should be in
1.If stocks return 10% APR and bonds return 5% APR and they rebalance their portfolio every year, what percentage of their portfolio should be in a well-diversified stock portfolio/fund and what percentage should be in a well-diversified bond portfolio/fund to earn an average return of 8%?
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
14th edition
978-1305887725, 1305887727, 1305636619, 978-1305636613
