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Kunal Nayyar from California, had $50,000 in investments at the beginning of the year that consisted of a diversified portfolio of stocks (40%), bonds (40%), and cash equivalents (20%). His returns over the last year were 13% on stocks, 6% on bonds, and 1% on cash equivalents.
a.) What is Kunal's average return for the year?
b.) If Kunal wanted to rebalance his portfolio to its original position, what specific action should he take?
Change can often lead to decreased morale and productivity level within workplace. create a seamless transition within the workplace when change is inevitable.
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