Mutual Fund Manager Lauri Mackey is the fund manager for
Chapter 5, Problem 5.1.589(choose chapter or problem)
Mutual Fund Manager Lauri Mackey is the fund manager for the Mackey Mutual Fund. This mutual fund has total assets of $1.2 billion. Lauri wants to maintain the investments in this fund according to the following pie chart. U.S. stocks 60% International stocks 10% Government bonds 25% Cash 5% a) How much of the $1.2 billion should be invested in U.S. stocks? b) How much should be invested in government bonds? c) How much should be invested in international stocks? d) How much should remain in cash?
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