A retired couple requires an annual return exactly of $2,000 from inve

1.	A retired couple requires an annual return exactly of $2,000 from investment of $20,000.(A) Treasury Bills yielding 9%;(B) Corporate bonds 11%;(C) Junk Bonds, 13%How much should be invested in each to achieve their goal? Give 3 sets of options that can achieve their goal.
Answer» ANSWER: C is the answer for your QUESTION

A retired couple requires an annual return exactly of $2,000 from investment of $20,000.(A) Treasury Bills yielding 9%;(B) Corporate bonds 11%;(C) Junk Bonds, 13%How much should be invested in each to achieve their goal? Give 3 sets of options that can achieve their goal.

Answer»

ANSWER:

C is the answer for your QUESTION

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A retired couple requires an annual return exactly of $2,000 from investment of $20,000.(A) Treasury Bills yielding 9%;(B) Corporate bonds 11%;(C) Junk Bonds, 13%How much should be invested in each to achieve their goal? Give 3 sets of options that can achieve their goal.

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