Rebalance the investments and then estimate the amount of interest and dividends that this fund might be expected to earn from October 1 to December 31. Compute the budgeted weighted average annual investment return for dividends and interest for the fourth quarter of 2019. Dont worry about the compounding of interest or dividends. Clearly list the formulas/calculations utilized in completing the exercise.

Description Cash Fixed Income Large Cap Value Large Cap Growth Mid/Small Cap Value Mid/Small Cap Growth International Equity Emerging Markets Equity Total Balance as of 9/18/19 $ 4,385,000 28,685,000 13,051,000 11,226,000 4,395,000 3,525,000 6,983,000 Future Desired Allocation 4.0% 40.0% 18.0% 20.0% 5.0% 5.0% 6.0% 2.0% 100.0% Expected Interest and Dividend Rate 0.4% 4.3% 1.8% 1.2% 0.8% 0.2% 2.1% 0.7% Average ? $72,250,000