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Ed Lawrence has $100,000 invested. Of that, $30,000 is invested in IBM stock, $25,000 is invested in T-bills, and the remainder is invested in corporate

Ed Lawrence has $100,000 invested. Of that, $30,000 is invested in IBM stock, $25,000 is invested in T-bills, and the remainder is invested in corporate bonds. Which of the following is NOT correct regarding his portfolio weights? (All values are current market values.)

A)Ed has 30% of his portfolio invested in stocks.

B)

Ed has 45% of his portfolio invested in corporate bonds.

C)Ed has 70% of his portfolio invested in assets other than stocks.

D)Ed has 70% of his portfolio invested in risk-free assets.

E)If Ed sells his corporate bonds and buys GM stock with the proceeds, he will end up with 75% of his portfolio invested in stocks.

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