What fraction of portfolio is invested in municipal bond
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Helen has 1/5 of her portfolio in US stocks, 1/8 of her portfolio in European stocks, and 1/10 of her portfolio in Japanese stocks. The remainder is invested in municipal bonds. What fraction of her portfolio is invested in municipal bonds?
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Solution Summary
The solution provides the fraction of Helen's portfolio invested in municipal bonds.
Solution Preview
Total portfolio = 1
Fraction invested in muncipal bonds = 1 - Total fraction ...
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