An investor has $50,000 to divide among several instruments. Municipal bonds have an 8% return,, treasury...

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An investor has $50,000 to divide among several instruments. Municipal bonds have an 8% return,, treasury -bills a 10% return, and growth stock 14%. The following guidelines have been established: 1. No more than 30% in growth stock 2. Municipal bonds should not exceed the other two alternatives. 3. No more than 40% invested in treasury bills and Municipal bonds Write the constraint equations An investor has $50,000 to divide among several instruments. Municipal bonds have an 8% return,, treasury -bills a 10% return, and growth stock 14%. The following guidelines have been established: 1. No more than 30% in growth stock 2. Municipal bonds should not exceed the other two alternatives. 3. No more than 40% invested in treasury bills and Municipal bonds Write the constraint equations