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Required: Assume upon your graduation from college that a rich uncle gives you 100 shares of Boeing stock and the stock is selling at $400

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Required: Assume upon your graduation from college that a rich uncle gives you 100 shares of Boeing stock and the stock is selling at $400 per share. At the same time, assume you go to work for a company that sponsors a 401(k) plan and that you are likely to have $10,000 to invest each year into the plan for the indefinite future. Assume also that you own no other securities at the time of your graduation and have no indebtedness. Based on the discussion in Chapter 9 about diversification, how would you invest the money you accumulate over the years in your 401(k) plan. Explain your decision(s). (Your uncle would be disappointed if you decided to sell you Boeing stock.)

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