A. How much should the broker recommend that the client place in each investment to maximize income if the client insists that the amount invested in T-bills must equal or exceed the amount placed in junk bonds?

B. How much should the broker recommend that the client place in each investment to maximize income if the client insists that the amount invisted in T-bills must NOT exceed the amount placed in junk bonds?

Homework: Section 12.8 Score: 0 of 1 pt X)12.8.23 Save 10 of 11 (10 complete) HW Score: 65 91%, 7.25 of 11 pts Question Help* An investment broker S instructed by her client to invest up to $25,000, some in a unk bond than $18,000 in the junk bond. elding 7% per annum and so me in rea un b sye d ng 9% per annum. The c ent wants o invest at east 00 n oils and no more