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Sagot :
Mr. Slater is advised to divest his investment in stocks by $8,288 to rebalance his portfolio in the desired ratio.
What is portfolio rebalancing?
The process of investing or divesting as per the changing behavior and desired returns of the consumer in different classes of investment is known as portfolio rebalancing.
Using the given information, it can be calculated that if Mr. Slater divests his $8288 in bonds from stocks, his portfolio will be rebalanced in the desired ratio.
Hence, the amount to be divested by Mr. Slater to rebalance portfolio is aforementioned.
Learn more about portfolio rebalance here:
https://brainly.com/question/13407939
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