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Portfolio = $1,000,000, 90% in equity earning 12%, 40% in Fixed Income = $125,000 earning 2.5% [ note 90% + 40% > 100%, there is

Portfolio = $1,000,000, 90% in equity earning 12%, 40% in Fixed Income = $125,000 earning 2.5% [ note 90% + 40% > 100%, there is a margin here, assume the cost of margin is 6.5%]. Calculate the FV in 5 years.

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