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QUESTION 4 Which of the following trades will re-balance a bond mutual fund within a 401K portfolio given the following information: Current Total 401K Portfolio
QUESTION 4 Which of the following trades will re-balance a bond mutual fund within a 401K portfolio given the following information: Current Total 401K Portfolio Market Value = $31,000 Current Bond Mutual Fund Market Value = $8,050 Target Bond Mutual Fund Allocation = 25% Current Bond Mutual Fund NAV = $27 per share O Buy 11.11 shares of the bond mutual fund O Sell 11.11 shares of the bond mutual fund O Sell 850 shares of the bond mutual fund O Buy 850 shares of the bond mutual fund
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