A brokerage house offers three investment portfolio options. Portfolio I consists of 2 blocks of common stock and 1 municipal bond. Portfolio II consists of 4 blocks of common stock, 2 municipal bonds, and 3 blocks of preferred stock. Portfolio III consists of 7 blocks of common stock, 3 municipal bonds, and 3 blocks of preferred stock. A customer requests a total of 21 blocks of common stock, 10 municipal bonds, and 9 blocks of preferred stock. How many units of each investment portfolio should be offered to the customer ?

What are your variables and what do they represent?

What are the equations you will use to solve this system? Clearly label what each equation represents in terms of the problem

How many units of portfolio I should be offered to the customer?

How many units of portfolio II should be offered to the customer?

How many units of portfolio III should be offered to the customer?

How many total blocks of common stock will the customer hold across all portfolios?

How many total blocks of preferred stock will the customer hold across all portfolios?

How many total municipal bonds will the customer hold across all portfolios?