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our best submission for each entire question is used for your score. 11. [-/3 Points] DETAILS 0/6 Submissions Used MY NOTES ASK YOUR TEACHER Mark
our best submission for each entire question is used for your score. 11. [-/3 Points] DETAILS 0/6 Submissions Used MY NOTES ASK YOUR TEACHER Mark has $100,000 to invest. His financial consultant advises him to diversify his investment in three types of bonds: short-term, intermediate-term, and long-term. The short-term bonds pay 5%, the intermediate-term bonds pay 6%, and the long-term bonds pay 8% simple interest per year. Mark wishes to realize a total annual income of 6.25%, with equal amounts invested in short- and long-term bonds. How much should he invest in each type of bond? short-term $ intermediate-term long-term Need Help? Read It Submit Answer View Previous Question Question 11 of 17 View Next Question Home My Assignments [+ Request Extension
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