Congratulations!! You have been appointed as the new Treasurer of the XYZ Company. Your first assignment is to present to the Board of Directors a recommendation as to the investment of an estimated $10,000,000 of Free Cash Flow. The investment dollars are not expected to be needed to fund Operations in the foreseeable future.

Given future uncertainty regarding the economic environment, your recommendation should include a mix of short term (Money Market) and long term (Capital Market) investments. Select from current market offerings as of 10/31/2017.

Discuss your rationale for selection e.g. Expected investment return, investment time-frame, risk and liquidity considerations.

Your investment selections may include bonds (Corporate Bonds, U.S. Government Bonds, U.S. State and Local Bonds, Short-Term Money Market instruments, and Equities).

You can easily leverage multiple online resources to obtain financial instrument market price information as of 10/31/2017.

!!! investment should be distributed as follows: 60% in stocks, 40% bonds and treasury bills. Calculate expected return on investment, earnings per share, and rate of return. Please decide what rate of return to would look for(balancing risk and return), no set duration for bonds and bills but at least 60% of stocks investments should be made for one year.