Question
in investment firm recommends that a client invest in bonds rated AAA, a and B the average yield on AAA bonds is 6% on a
in investment firm recommends that a client invest in bonds rated AAA, a and B the average yield on AAA bonds is 6% on a bonds 7% and on B bonds 10% 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 of the total investment is 14000 and the investor wants an annual return of 1010 on three Investments
the client should invest $... in AAA bonds ,$... in A bonds and $... in B bonds fill in the blank for each $...
the client should invest $12,000 in AAA bonds $7,000 in A bonds and $6,000 in B bonds was an incorrect answer. that's what I came up with anything accurate??
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