Question: The credit union will have $ 2 , 4 0 0 , 0 0 0 available for investment during the coming year. State laws and
The credit union will have $ available for investment during the coming year. State laws and credit union policies impose the following restrictions on the composition of the loans and investments.
Riskfree securities may not exceed of the total funds available for investment.
Signature loans may not exceed of the funds invested in all loans automobile furniture, other secured, and signature loans
Furniture loans plus other secured loans may not exceed the automobile loans.
Other secured loans plus signature loans may not exceed the funds invested in riskfree securities
How should the $ be allocated to each of the loaninvestment alternatives in dollars to maximize total annual return?
Automobile loans $
Furniture loans $
Other secured loans $
Signature loans $
Riskfree securities $
What is the projected total annual return in dollars
$ Please give numerical answers for the questions.
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