please show work on excel and regular paper formulas. Q1...

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please show work on excel and regular paper formulas.
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Q1 Portfolio Rebalancing You have 100 million dollars in your investment account and choose to keep your money allocated in the following proportion and rebalance each quarter. i. 60% in stocks via ETF SPY; i 35% in bonds via ETF TUT. iii. 5% in cash Over the month of Sep. SPY went from $452 to 5429, and TLT went from $149 per share to $144 per share. Cash has an interest rate of 0.1% annually a. What is your overall account balance before rebalancing? What proportion of that is in SPY, TLT, and CASH respectively? (5 points) b. How do you rebalance your account to keep the allocation at 60-35-5 for SPY TLT and cash respectively? What to buy and what to sell in dollar amour (5 points)

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