Question
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 :)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started