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The training manager at Lucrative Investments asked the trainees to create a portfolio from 8 stocks, 7 bonds, 3 preference shares and 6 convertible

The training manager at Lucrative Investments asked the trainees to create a portfolio from 8 stocks, 7

The training manager at Lucrative Investments asked the trainees to create a portfolio from 8 stocks, 7 bonds, 3 preference shares and 6 convertible bonds. What is the probability that a trainee would select 5 stocks, 6 bonds and 5 convertible bonds? (5 Marks) Udine wanted to assess the use of alternative financial instruments in the 15-investment organisations in Barbados. To complete his tasks, he ordered the investment organisations based on the number of alternate financial instruments used. If he wanted to narrow his research to 5 organisations, how many ways could he select 5 of the 15 organisations if the order is important? (2 Marks)

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