. Investments Three couples want to go into partnership to finance their own retail

Chapter 2, Problem 35

(choose chapter or problem)

. Investments Three couples want to go into partnership to finance their own retail business in 2015. They wish to invest monies that would earn an average of $2000 per annum for 5 years. As their financial consultant, you recommended they invest in certain mutual funds based on their performance over the past 5 years as a December 31, 2009: some money in the Franklin High Income fund that yielded 5%, some in Mutual Global Discovery that yielded 6%; some money in Templeton Global Bond that yielded 8%; and some money in Franklin International Small Cap Growth that yielded 12%. Prepare a table for each couple showing various ways that their goals can be achieved: (a) If the first couple has $20,000 to invest (b) If the second couple has $25,000 to invest (c) If the third couple has $30,000 to invest (d) What advice would you give each couple? Give reasons.