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An investor his $70,000 to invest in a CD and a mutual fund 11k CD yields 8% and the mutual fund yields 7% The mutual

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An investor his $70,000 to invest in a CD and a mutual fund 11k CD yields 8% and the mutual fund yields 7% The mutual fund requites a minimum investment at $10,000. and the investor requires that at least twice as much should be invested in CDs as in the mutual fund How much should be invested in CDs and how much ir the mutual fund to maximize the return? What is the maximum return

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