An investor has $100,000 and can invest in any combinationof two types of bonds, one

Chapter 1, Problem 66

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An investor has $100,000 and can invest in any combinationof two types of bonds, one that is safe and pays 3% annually, andone that carries risk and pays 9% annually. The investor would liketo keep risk as low as possible while realizing a 7% annual return.How much should be invested in each type of bond?

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