hard · GMAT Quant
An international investment portfolio contains holdings in Euro-denominated assets (E) and Yen-denominated assets (Y). The combined total value of these holdings is fixed at $500,000. During a rebalancing step, portfolio managers sell 15% of the Euro assets and purchase an equivalent dollar value of Yen assets, maintaining the total portfolio value. If the initial ratio of Euro asset value to Yen asset value was 3:2
What is the new total value of the Yen-denominated assets after rebalancing?
- $245,000
- $255,000
- $230,000
- $275,000
- $200,000
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