Mathematics, 23.02.2021 03:20 sindy35111
An investment firm recommends that a client invest in bonds rated AAA, A, and B. The average yield on AAA bonds is 4%, on A bonds 5%, and on B bonds 8%. The client wants to invest twice as much in AAA bonds as in B bonds. How much should be invested in each type of bond if the total investment is $24,000, and the investor wants an annual return of $1,250 on the three investments.
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An investment firm recommends that a client invest in bonds rated AAA, A, and B. The average yield...
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