Business
Business, 22.03.2021 21:20, trashellyoung

You have 100 million dollars in your investment account and choose to keep your money allocated in the following proportion and rebalance each quarter: i. 50% in stocks via ETF SPY; ii. 40% in bonds via ETF TLT. iii. 10% in cash Over the first quarter, SPY went UP from $375 to $391, and TLT went down from $143 per share to $134 per share. Cash has an interest rate of zero. a. What is your account $ balance before rebalancing

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