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Your broker has suggested that you diversify your investments by splitting your portfolio among mutual funds, municipal bond funds, stocks, and precious metals. They suggest

Your broker has suggested that you diversify your investments by splitting your portfolio among mutual funds, municipal bond funds, stocks, and precious metals. They suggest three good mutual funds, five municipal bond funds, five stocks, and three precious metals (gold, silver, and platinum). How many different portfolios can you create if the portfolio is to contain one of each type of investment?

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