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Mathematics, 01.10.2019 17:10 neparidzetazo

Harvey invested $50,000 to create a portfolio containing 70% stocks and 30% bonds. over the course of a year, the value of his stocks increased to 74% and the value of his bonds decreased to 26%. the value of his investment, after a year, is $57,900. what amount should harvey move from stocks and reinvest in bonds to rebalance his portfolio? to rebalance his portfolio to 70% stocks and 30% bonds, harvey should move $
from stocks into bonds.

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