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36 The certificates of deposit pay 2 annually and the municipal bonds pay 4 annually Over a five year period the investor expects the blue
36 The certificates of deposit pay 2 annually and the municipal bonds pay 4 annually Over a five year period the investor expects the blue chip stocks to return 10 annually and the growth stocks to return 14 annually The investor wants a combined annual return of 6 and also wants to have only one fourth of the portfolio invested in stocks
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