Question

An investment firm recommends that a client invest in bonds rated AAA, A, and B. The average yield on AAA bonds is 5%, on A bonds 6%, and on B bonds 9%. The client wants to invest twice as much in AAA bonds as in B bonds. How much should be invested in each type of bond under the following conditions? A. The total investment is $9,000, and the investor wants an annual return of $560 on the three investments. B. The values in part A are changed to $19,000 and $1,180, respectively. A. The client should invest $ in AAA bonds, $ in A bonds, and $ in B bonds.

          An investment firm recommends that a client invest in bonds rated AAA, A, and B. The average yield on AAA bonds is 5%, on A bonds 6%, and on B bonds 9%. The client wants to invest twice as much in AAA bonds as in B bonds. How much should be invested in each type of bond under the following conditions?

A. The total investment is $9,000, and the investor wants an annual return of $560 on the three investments.
B. The values in part A are changed to $19,000 and $1,180, respectively.

A. The client should invest $ in AAA bonds, $ in A bonds, and $ in B bonds.

An investment firm recommends that a client invest in bonds rated AAA, A, and B. The average yield on AAA bonds is 5%, on A bonds 6%, and on B bonds 9%. The client wants to invest twice as much in AAA bonds as in B bonds. How much should be invested in each type of bond under the following conditions?

A. The total investment is 9,000, and the investor wants an annual return of560 on the three investments.
B. The values in part A are changed to 19,000 and1,180, respectively.

A. The client should invest in AAA bonds, in A bonds, and in B bonds.

Added by Micheal R.

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