Suppose that you received an unexpected inheritance of $24 comma 80024,800. You have decided to...
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Accounting
Suppose that you received an unexpected inheritance of $24 comma 80024,800. You have decided to invest the money by placing some of the money in stocks and some in bonds. To diversify, you decided that threethree times the amount in bonds should equal fivefive times the amount invested in stocks. How much should be invested in stocks? How much should be invested in bonds?
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