Question: You have $ 5 0 , 0 0 0 for investment. You will invest S dollars in stocks and B dollars in bonds. You expect
You have $ for investment. You will invest dollars in stocks and dollars in bonds. You expect a return on stocks and a return on bonds. You want a total return of on your investment.
a The dollar amount of the total return is $ What is the dollar amount of return for stocks, and what is the dollar amount for bonds? Suggestion: Your answers will involve the variables and
stocks dollars
bonds dollars
b Write a system of two equations in two unknowns that determines how much will be invested in each category. Suggestion: One equation should show the total amount invested. The second equation should show the total dollar return.
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