Question
An individual wishes to invest $5000 over the next year in two types of investiment: Investment A yields 5% and investment B yields 8%. Market
An individual wishes to invest $5000 over the next year in two types of investiment:
Investment A yields 5% and investment B yields 8%.
Market research recommends an allocation of at least 25% in A and at most 50% in B.
Moreover, investment in A should be at least half the investment in B.
How should the fund be allocated to the two investments?
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Finance Capital Markets Financial Management And Investment Management
Authors: Frank J. Fabozzi, Pamela Peterson Drake
1st Edition
0470407352, 978-0470407356
