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Go Global Investment Management Has an Asset Allocation Strategy of 60

question 55

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Go Global Investment Management has an asset allocation strategy of 60% U.S.investments and 40% global investments.Within the U.S.Go Global has allocated 70% of its portfolio to equities and 30% to bonds.Go Global now holds 3% of its U.S.equity portfolio in the stock of Wally World.Internationally,Go Global has allocated 55% to equities and 45% to bonds.About what percentage of Go Global's total portfolio is invested in Wally World?

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