wou have a new job as a Financial Planning assistant. Your client wants to invest money in stocks, bonds, and treasurles that have the dividend yields shown in the below. Your job is to allocate their money across these three investments such that the total dollars of stocks is at least $10,000 less than the total dollars in bone treasuries. In addition, they have identified the maximum investment in each of those three investment types (also shown below). Maximize the dividends earnec Your answer will be the amount invested in Stocks (rounded to whole dollars). Use Scenario 3 Stocks: yield % Bonds: yield % Treasuries: yield % Stocks: $ max Bonds: $ max Treasuries: $ max Scenario 1 2.22 2.04 1.93 170,000 60,000 50,000 Scenario 2 1.71 1.98 1.88 400,000 180,000 200,000 Scenario 3 1.14 3.03 2.08 410.000 300,000 75,000 Scenario 4 1.25 1.48 2.55 800,000 280,000 500,000

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter13: Investing In Mutual Funds, Etfs, And Real Estate
Section: Chapter Questions
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You have a new job as a Financial Planning assistant. Your client wants to invest money in stocks, bonds, and treasuries that have the dividend yields shown in the table
below. Your job is to allocate their money across these three investments such that the total dollars of stocks is at least $10,000 less than the total dollars in bonds plus
treasuries. In addition, they have identified the maximum investment in each of those three investment types (also shown below). Maximize the dividends earned.
Your answer will be the amount invested in Stocks (rounded to whole dollars).
Use Scenario 3
Stocks: yield %
Bonds: yield %
Treasuries: yield %
Stocks: $ max
Bonds: $ max
Treasuries: $ max
Scenario 1
2.22
2.04
1.93
170,000
60,000
50,000
Scenario 2
1.71
1.98
1.88
400,000
180,000
200,000
Scenario 3.
1.14
3.03
2.08
410,000
300,000
75,000
Scenario 4
1.25
1.48
2.55
800,000
280,000
500,000
Transcribed Image Text:You have a new job as a Financial Planning assistant. Your client wants to invest money in stocks, bonds, and treasuries that have the dividend yields shown in the table below. Your job is to allocate their money across these three investments such that the total dollars of stocks is at least $10,000 less than the total dollars in bonds plus treasuries. In addition, they have identified the maximum investment in each of those three investment types (also shown below). Maximize the dividends earned. Your answer will be the amount invested in Stocks (rounded to whole dollars). Use Scenario 3 Stocks: yield % Bonds: yield % Treasuries: yield % Stocks: $ max Bonds: $ max Treasuries: $ max Scenario 1 2.22 2.04 1.93 170,000 60,000 50,000 Scenario 2 1.71 1.98 1.88 400,000 180,000 200,000 Scenario 3. 1.14 3.03 2.08 410,000 300,000 75,000 Scenario 4 1.25 1.48 2.55 800,000 280,000 500,000
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