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A. Jane is a momentum investor. That is, for the asset class that did the best a year ago, she decides to invest her entire
A. Jane is a momentum investor. That is, for the asset class that did the best a year ago, she decides to invest her entire portfolio into that asset class this year-thinking that this asset class will continue to do well. For example, in Year 1, she would have all her wealth in Bonds, because Bonds did the best in Year 0. She rebalances her portfolio every year. How much money will Jane have at the end of Year 10, assuming a $1 initial investment? (15 Points) Hint: Fill out the blanks in the table above, as needed
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