An investor has at most $ 5 0 , 0 0 0 to invest in government bonds,
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Question:
An investor has at most $ to invest in government bonds,
mutual funds, and money market funds. The average yields for the
government bonds, mutual funds, and money market funds are
and respectively. The investor's policy requires that
the total amount invested in mutual and money market funds not
exceed the amount invested in government bonds. How much should be
invested in each type of investment in order to maximize the
return? What is the maximum return in the first year?
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