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A retired couple requires an annual return of $2,000 from investment of $20,000. There are 3...

A retired couple requires an annual return of $2,000 from investment of $20,000. There are 3 options available:

  1. Treasury Bills yielding 9%;
  2. Corporate bonds 11%;
  3. Junk Bonds, 13%

How much should be invested in each to achieve their goal? Give 3 sets of options that can achieve their goal.           

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