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Suppose you have a medium risk-tolerance, and you want an annual return of $355.  You decide to invest part in Fund A and the rest in Fund B.  How much do you need to invest in Fund A? $                      .  Round to the nearest cent.

Suppose you have a medium risk-tolerance, and you want an annual return of $355.  You decide to invest part in Fund A and the rest in Fund B.  How much do you need to invest in Fund A? $                      .  Round to the nearest cent.

Essentials Of Investments
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
Section: Chapter Questions
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Suppose you have a medium risk-tolerance, and you want an annual return of $355.  You decide to invest part in Fund A and the rest in Fund B.  How much do you need to invest in Fund A?

$                      .  Round to the nearest cent.

Appreciate it thanks!!@@

Investment Analysis You have $5000 to invest for 1 year. Fund A has an estimated 4% annual return, and Fund B has an estimated 10% annual return. Fund A is more stable, and preferred among investors with low risk tolerance. Fund B is less stable, but has larger returns. Answer the following questions about this investment opportunity.
Transcribed Image Text:Investment Analysis You have $5000 to invest for 1 year. Fund A has an estimated 4% annual return, and Fund B has an estimated 10% annual return. Fund A is more stable, and preferred among investors with low risk tolerance. Fund B is less stable, but has larger returns. Answer the following questions about this investment opportunity.
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