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An investment firm recommends that a client invest in bonds rated AAA, A , and B . The average yield on AAA bonds is 5

An investment firm recommends that a client invest in bonds rated AAA,A, and B. The
average yield on AAA bonds is 5%, on A bonds 7%, and on B bonds 12%. The client wants
to invest twice as much in AAA bonds as in B bonds. How much should be invested in each
type of bond if the total investment is $25,000, and the investor wants an annual return of
$1,810 on the three investments?
The client should invest $ in AAA bonds, $ in A bonds, and $ in B bonds.
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