(Answered) Question using the data in the following table assume you

Accounting

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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