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Kunal Nayyar from London, had $ 4 0 , 0 0 0 in investments in the United States at the beginning of the year that

Kunal Nayyar from London, had $40,000 in investments in the United States at the beginning of the year that consisted of a diversified portfolio of stocks (40 percent), bonds (40 percent), and cash equivalents (20 percent). His returns over the past 12 months were 15 percent on stocks, 6 percent on bonds, and 1 percent on cash equivalents.
What is Kunal's return for the year? (Hint: Calculate a weighted average.) Round your answer to one decimal place.
%
If Kunal wanted to rebalance his portfolio to its original position, what specific actions should he take? Round your answers to the nearest whole number.
He would need to sell $
of his stocks and buy $
in bonds and $
in cash equivalents.

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