You Have $600,000 and Are Considering Investing in Three Municipal

question 1

Multiple Choice

You have $600,000 and are considering investing in three municipal bond funds, Pimco, Fidelity Spartan, and Columbia Oregon. You have the following data: $$\begin{array} { | c | c | } \hline \text { Company } & \text { Yield } \\\hline \text { PNF (Pimco NY) } & 7 \% \\\hline \text { FDMMX (Fidelity Spartan Mass) } & 5 \% \\\hline \text { CMBFX (Columbia Oregon) } & 4 \% \\\hline\end{array}$$ Your broker has made the following suggestions:
At least 50 percent of your total investment should be in CMBFX.
No more than 10 percent of your total investment should be in PNF.
How much should you invest in each fund to maximize your anticipated returns while following your broker's advice

---

Definitions:

Behavioral Problems

Actions or attitudes displayed by individuals, often children, that are inappropriate or challenging for others to manage.

Emotional Safety

signifies a state of being in which an individual feels secure to express their emotions, thoughts, and vulnerabilities without fear of judgment or harm.

Medical Services

Professional healthcare services provided by doctors, nurses, and other medical practitioners.

George Herbert Mead

An American philosopher, sociologist, and psychologist, known for his work on the development of the self and his concept of the social self.