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Refer to the table: Assume you are using avariable-ratio plan. You have decided that when the speculative portfolio reaches 60% of thetotal, you will reduce

Refer to the table:

Assume you are using avariable-ratio plan. You have decided that when the speculative portfolio reaches 60% of thetotal, you will reduce its proportion to 45%. Whataction, ifany, should you take in time period2?

A. The total value of the portfolio is $ _______ (round to the nearest dollar)

B. The percentage that the speculative portion represents is _________ (round to the nearest whole percent)

C. The number of shares of the stock you should sell is ___________ (round to the nearest whole number)

D. The number of shares of the MM fund you should purchase is ________(nearest whole number )

Table :

Time Period Stock Price Shares Fund NAV Shares

1 20$ 1,000 20$ 1,000

2 30$ 19$

Thank you :)

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