NO.PZ201805280100000303
问题如下：
The broker suggests that Young rebalance her $5.5 million money market account and the $3.0 million tax-deferred retirement account periodically in order to maintain their targeted allocations. The broker proposes the same risk profile for the equity positions with two potential target equity allocations and rebalancing ranges for the two accounts as follows:
■ Alternative 1: 80% equities +/– 8.0% rebalancing range
■ Alternative 2: 75% equities +/– 10.7% rebalancing range
选项：
解释：
for $5.5 million money market account，there must be taxed ，so the rebalancing range is wider . the alternative 2 fits 5.5m account.
for $3.0 million tax-deferred retirement account, there has favorable tax. so the rebalancing range is narrow. alternative 1 fits 3.3m account.
对于税收账户，wider点
对于tax efficient 来说 ， narrow点 ？上面的答题的角度可以不？
