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Business, 09.05.2021 23:40 lindasuebairdoyjpf7

PLEASE HELP ASAPMr. Slater invested $100,000 in a portfolio that is contains 60% stocks and 40% bonds. Over the course of a year, the value of the stocks increased to 67%, and the value of the bonds decreased to 33%. The current value of his investment is $118,400. How much should Mr. Slater move from stocks to bonds to rebalance his portfolio to 60% stocks and 40% bonds? A. $8,900

B. $8,500

C. $8,288

D. $8,100

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