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You like to keep your investment risks at a 60-20-20 proportion (stocks, bonds, cash). After the first year, your $20,000 investment increased in value to
You like to keep your investment risks at a 60-20-20 proportion (stocks, bonds, cash). After the first year, your $20,000 investment increased in value to 59795, with $10,000 in bonds and $5,000 in cash. How should you allocate your assets to maintain your original goals and rebalance your portfolio to retain the 60-20-20 proportion in investments? Please report NEW investment figure for stocks after rebalancing. ANSWER FORMAT (123456.00]
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