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Michael is a novice investor. He has decided to use a typical asset allocation strategy. He would like to invest $50,000. How much should he
Michael is a novice investor. He has decided to use a typical asset allocation strategy. He would like to invest $50,000. How much should he invest in bonds?
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A :
$25,000.
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B :
$2,500.
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C :
$42,500.
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D :
$5,000.
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