Question:An
investment firm recommends that a client invest in bonds rated AAA,
A, and B. The...
Question
An
investment firm recommends that a client invest in bonds rated AAA,
A, and B. The...
An
investment firm recommends that a client invest in bonds rated AAA,
A, and B. The average yield on AAA bonds is 5%, on A bonds 7%, and
on B bonds 12%. 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 under the following conditions?
A. ) The total investment is $22,000, and the investor wants
an annual return of $1590 on the three investments.
B.) The values in part A are changed to $35,000 and $2530,
respectively.