Three retired couples each require an additional annual income of $2000 per year.As their financial consultant, you
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Three retired couples each require an additional annual income of $2000 per year.As their financial consultant, you recommend that they invest some money in Treasury bills that yield 7%, some money in corporate bonds that yield 9%, and some money in junk bonds that yield 11%. Prepare a table for each couple showing the 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.
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