Question: Using the data in the following table, assume you are using a variable-ratio plan. You have decided that when the speculative portfolio reaches 60% of

Using the data in the following table, assume you are using a variable-ratio plan. You have decided that when the speculative reaches 60% of the total, you will reduce its proportion to 45%. What action, if any, should you take in time period 2? Be specific.

MM Mutual Fund NAV $20.00 $19.00 Time Period Stock Price Shares 1,000 1,000 Shares 1,000 1,000 1$20.00 $30.00

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