You Invest in AAA-Rated Bonds, A-Rated Bonds, and B-Rated Bonds

question 37

Multiple Choice

You invest in AAA-rated bonds, A-rated bonds, and B-rated bonds.Your average yield is 6% on AAA bonds, 9% on A bonds, and 9% on B bonds.You invest twice as much in B bonds as in A bonds.The desired system of linear equations (where and represent the amounts invested in AAA, A, and B bonds, respectively) is as follows. Use the inverse of the coefficient matrix of this system to find the amount invested in A bonds for the given a total investment of $45,000 and annual return of $3780.

• A) $12,000
• B) $24,000
• C) $10,000
• D) $1000
• E) $6000

Apply concepts of elasticity to real-world scenarios involving commodities and services.

Understand the relationship between demand elasticity and total revenue.

Comprehend the significance of cross-price elasticity of demand and its implications on goods being substitutes or complements.

Recognize the impact of income changes on the demand for goods and services, including distinguishing between normal and inferior goods.

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Definitions:

Unaffected

Not influenced, changed, or damaged by a particular event or situation.

Project Care

A program or initiative designed to provide assistance, support, or care for individuals or communities in need, often focusing on health, education, or welfare.

Abcedarian Project

An early childhood education intervention program starting in infancy and targeting children from low-income families to improve intellectual and social development.

At-Risk Children

Children considered vulnerable to negative outcomes due to a range of factors, including poverty, family instability, or exposure to violence.