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Using the data in the following table assume you are using

Question: Using the data in the following table, assume you are using a constant-dollar plan with a rebalancing trigger of $1,500. The stock price represents your speculative portfolio, and the MM mutual fund represents your conservative portfolio. What action, if any, should you take in time period two? Be specific.

MM Mutual
Time Period Stock Price Shares Fund NAV Shares

1 $20.00 1,000 $20.00 1,000

2 $25.00 $21.00

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