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A conservative investor is given a choice of two securities: a ... | Filo
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2. A conservative investor has 100,000 to invest. The investor has decided to use three vehicles for generating income: municipal bonds, a certificate of deposit (CD), and a money market account. After reading a financial newsletter, the investor also has identified several additional restrictions.• No more than 40% of the investment should be in bonds.• The proportion allocated to the money market account should be at least double the amount in the CD.The annual return will be 4 percent on bond
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