Using the data in the following table assume you are using


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 the total, you will reduce its proportion to 45%. 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                               $30.00                 1,000             $19.00                    1,000

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Accounting Basics: Using the data in the following table assume you are using
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