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1 5 . Investments: the prospectus of an investmnet fund states that all money is invested in bonds that are rated A , AA ,

15. Investments: the prospectus of an investmnet fund states that all money is invested in bonds that are rated A, AA, and AAA; no more than 30% of the total investmnet is in A and AA bonds, and at least 50% is in AA and AAA bonds. The A, AA, and AAA bonds, yield 8%,7%, and 6%, respectively, annually. Determine the %'s of the total investment that hsould be committed to each type of bond so that the fund maximizes its annual yield. What is the yeild?

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