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1. The amount that should be invested in the money market account is__? 2. The Amount that should be invested in the bond fund is
1. The amount that should be invested in the money market account is__?
2. The Amount that should be invested in the bond fund is __?
3. The amount that should be invested in the international stock fund is__?
4. The amount that should be invested in domestic stock fund is__?
A person plans to invest a total of $100,000 in a money market account, a bond fund, an international stock fund, and a domestic stock fund. She wants 60% of her investment to be conservative (money market and bonds). She wants the amount in domestic stocks to be 4 times the amount in international stocks. Finally, she needs an annual return of $4,000. Assuming she gets annual returns of 2.5% on the money market account, 3.5% on the bond fund, 4% on the international stock fund, and 6% on the domestic stock fund, how much should she put in each investment? The amount that should be invested in the money market account is $ (Type a whole number.)Step by Step Solution
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