Question: Problem 5. (problem 5.7 page 58) Consider a company that has a retirement plan for its em ployees in which the money contribution for each

Problem 5. (problem 5.7 page 58) Consider a company that has a retirement plan for its em ployees in which the money contribution for each employee can be divided (at the employee's choice) between stocks, bond, and certicates of deposit (CDs). An employee may choose to put all of his or her money into one investment (eg. stocks) or may divide it between the three (say onethird into each, or half each into stocks and bounds with nothing in CDs). You have the following information regarding employees' decisions: 60% have at least some money in CDs 12% have all their money in CDs. 10% have all their money divided between stocks and CDs. 16% have all their money divided between bonds and CDs. 20% have all their money in stocks. 66% have at least some money in stocks. a. What percent of employees have money in all three? b. What percent of employees have all their money divided between stocks and bonds? 0. What percent of employees have all their money in bounds? d. What percent of employees have at least some money on bonds
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