12 A Fixed Income Money Manager Has A Bond Portfolio With A 70 Percent Allocation To 1733286
12. A fixed income money manager has a bond portfolio with a 70 percent allocation to longterm bonds and a 30 percent allocation to short-term bonds. The portfolio is currently valued at $75 million. The manager wishes to reduce the long-term bonds allocation to 55 percent and increase the short-term bonds allocation to 45 percent […]