A Brokerage House Offers Three Stock Portfolios

question 60

Multiple Choice

A brokerage house offers three stock portfolios. Portfolio I consists of 2 blocks of common stock and 1 municipal bond. Portfolio II consists of 4 blocks of common stock, 2 municipal bonds, and 3 blocks of preferred stock. Portfolio III consists of 7 blocks of common stock, 3 municipal bonds, and 3 blocks of preferred stock. A customer wants blocks of common stock, municipal bonds, and blocks of preferred stock. How many units of each portfolio should be offered? ​

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