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Mathematics, 23.02.2021 03:20 sindy35111

An investment firm recommends that a client invest in bonds rated​ AAA, A, and B. The average yield on AAA bonds is 4​%, on A bonds 5​%, and on B bonds 8​%. 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 if the total investment is ​$24,000​, and the investor wants an annual return of ​$1,250 on the three investments.

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An investment firm recommends that a client invest in bonds rated​ AAA, A, and B. The average yield...

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