Business, 09.05.2021 23:10, vinniemccray70
PLEASE HELP ASAP
Mr. Slater invested $100,000 in a portfolio that is contains 60% stocks and 40% bonds. Over the course of a year, the value of the stocks increased to 67%, and the value of the bonds decreased to 33%. The current value of his investment is $118,400. How much should Mr. Slater move from stocks to bonds to rebalance his portfolio to 60% stocks and 40% bonds?
A. $8,900
B. $8,500
C. $8,288
D. $8,100
Answers: 2
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Mr. Slater invested $100,000 in a portfolio that is contains 60% stocks and 40% b...
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