Array intends to allocate her savings into various types of financial investments. She has $194,400 to invest in stocks, bonds, and mutual funds according to her chosen 4 1 7 ratio -: : respectively. How much should she invest in each type of investment? 3 9 11 Round your answers to the nearest dollar. Stocks: $ Bonds: $ Mutual Funds: $

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Array intends to allocate her savings into various types of financial investments. She
has $194,400 to invest in stocks, bonds, and mutual funds according to her chosen
respectively. How much should she invest in each type of investment?
Round your answers to the nearest dollar.
4 1 7
ratio
:
3 9 11
Stocks: $
Bonds: $
•
Mutual Funds: $
Transcribed Image Text:Array intends to allocate her savings into various types of financial investments. She has $194,400 to invest in stocks, bonds, and mutual funds according to her chosen respectively. How much should she invest in each type of investment? Round your answers to the nearest dollar. 4 1 7 ratio : 3 9 11 Stocks: $ Bonds: $ • Mutual Funds: $
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