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A trust plans to invest up to $6,000 in two series of bonds: A and B. Bond A is safer than B and has dividends
A trust plans to invest up to $6,000 in two series of bonds: A and B.
Bond A is safer than B and has dividends of 8%, while Bond B has 10%. The trust rules state that no more than $4,000 should be invested in bond B and at least $1,500 should be invested in bond A.
How much money should be invested in each series to maximize the return? solve graphically
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
