Investment A brokerage house offers three stock port- folios. Portfolio I consist of 2 blocks of common stock and 1 municipal bond. Portfolio II consists of 4 blocks of common stock, 2 municipal bonds, and 3 blocks of preferred stock. Portfolio III consists of 2 blocks of common stock, 1 municipal bond, and 3 blocks of pre- ferred stock. A customer wants 16 blocks of common stock, 8 municipal bonds, and 6 blocks of preferred stock. If the numbers of the three portfolios offered must be integers, find all possible offerings.
Investment A brokerage house offers three stock port- folios. Portfolio I consist of 2 blocks of common stock and 1 municipal bond. Portfolio II consists of 4 blocks of common stock, 2 municipal bonds, and 3 blocks of preferred stock. Portfolio III consists of 2 blocks of common stock, 1 municipal bond, and 3 blocks of pre- ferred stock. A customer wants 16 blocks of common stock, 8 municipal bonds, and 6 blocks of preferred stock. If the numbers of the three portfolios offered must be integers, find all possible offerings.
Investment A brokerage house offers three stock port- folios. Portfolio I consist of
2
blocks of common stock and
1
municipal bond. Portfolio II consists of
4
blocks of common stock,
2
municipal bonds, and
3
blocks of preferred stock. Portfolio III consists of
2
blocks of common stock,
1
municipal bond, and
3
blocks of pre- ferred stock. A customer wants
16
blocks of common stock,
8
municipal bonds, and
6
blocks of preferred stock. If the numbers of the three portfolios offered must be integers, find all possible offerings.
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