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：
alternative 2.$5.5 million money market account which is taxable, it will cause higer tax and low volatilty, so wider rebalancing band.
altternative 1.$3.0 million tax-deferred retirement account, it will cause less tax and higher volatility,so thiner rebalancing band.
