Question
An investor has $24,000 to invest in bonds of AAA and B qualities. The AAA bonds yield an average of 6%, and the B bonds
An investor has $24,000 to invest in bonds of AAA and B qualities. The AAA bonds yield an average of 6%, and the B bonds yield 10%. The investor requires that at least three times as much money should be invested in AAA bonds as in B bonds. How much should be invested in each type of bond to maximize the return? What is the maximum return?
how would this look with linear programming?
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Behavioral Finance And Wealth Management
Authors: Michael M. Pompian
2nd Edition
1118014324, 978-1118014325
