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You are a new Carson College graduate and your employer will contribute $5,000 year to your 401(k) plan. Your 401(k) plan permits three types of

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You are a new Carson College graduate and your employer will contribute $5,000 year to your 401(k) plan. Your 401(k) plan permits three types of investments: vernment bond fund, corporate bond fund, and a stock market fund. The return on government bond fund is typically 46% with an average of 5%. The return on the rporate bond fund is typically 610% with an average of 8%. The return on the stock arket fund is 515% with an average of 10%. a. How will you allocate your investments between the three investment options? b. Why did you select the allocation you did? c. What is the minimum return you expect from your allocation? d. What is the maximum return you expect from your allocation? e. What is the expected average return you expect from your allocation? f. How much do you expect to have in your account at the end of your first year of employment? g. How much do you expect to have in your account at the end of your fifth year of employment? h. You work for your employer for 5 years and then leave for a new job. This is a very busy time of your life and you lose track of your 401(k) account. As you prepare for retirement, 45 years after leaving your job and 50 years after graduation, you rediscover the 401(k). How much money will you expect to have in your 401(k) at that time

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