You decide to implement a passive strategy, targeting and initially holding 60% in stocks and 40% in bonds. If during the year stocks go up 10% and bonds go up 4%, what % of your stocks should you sell to move into bonds when rebalancing at the end of the year?

______________% (round to 1 decimal place)

Alternatively, assume you initially formed the portfolio with a $1000 investment. If you were investing an additional $500 during the rebalancing period, how much would you need to put into bonds (with the remaining being put into stocks) to be in balance?

____________(answer in dollars rounded to 1 decimal place).