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Solve for x and y Score: 0.91 of 10 pts 3 of 4 (4 complete) HW Score: 77.27%, 30.91 of 40 pts & Problem B.35
Solve for x and y
Score: 0.91 of 10 pts 3 of 4 (4 complete) HW Score: 77.27%, 30.91 of 40 pts & Problem B.35 Question Help The Rio Credit Union has $250,000 available to invest in a 12-month commitment and wants to invest all of it. The money can be placed in Brazilian treasury notes yielding an 10% return or in riskier high-yield bonds at an average rate of return of 9%. Credit union regulations require diversification to the extent that at least 50% of the investment be placed in Treasury notes. It is also decided that no more than 30% of the investment be placed in bonds. The aim of the objective function for Rio Credit Union should be to Maximize the objective value. Decision variables X $ invested in Treasury notes Y = $ invested in Bonds Objective function (in decimals, eg., .07, NOT 7%) Z- ROI Enter your answer in the edit fields and then click Check Answer. parts remaining Clear All CheckStep by Step Solution
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