K An investment broker is instructed by her client to invest up to $20,000, some in a junk bond yielding 7% per annum and some in Treasury bills yielding 8% per annum. The client wants to invest at least $7000 in T-bills and no more than $13,000 in the junk bond. (a) How much should the broker recommend that the client place in each investment to maximize income if the client insists that the amount invested in T-bills must equal or exceed the amount placed in junk bonds? In this case, to maximize income, the broker should recommend placing $ in junk bonds and $ in Treasury bills