Question: Mo owns a variable life policy in which the separate account is invested 7 5 % in stock fund and 2 5 % in a

Mo owns a variable life policy in which the separate account is invested 75% in stock fund and 25% in a bond fund. Mo decides to sell half the stock fund and then uses the proceeds to purchase more of the fond fund. Where do the proceeds from the sale of the stock fund go in the interim before the bond fund is purchased?

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