首页
登录
职称英语
In a certain conservative mutual fund, 70 percent of the money is invested in bo
In a certain conservative mutual fund, 70 percent of the money is invested in bo
游客
2024-01-14
47
管理
问题
In a certain conservative mutual fund, 70 percent of the money is invested in bonds, and of that portion, 40 percent is invested in highly rated corporate bonds. If at least $1.4 million in this fund is invested in highly rated corporate bonds, what is the smallest possible total value for the mutual fund?
选项
A、$4 million
B、$5 million
C、$6 million
D、$7 million
E、$8 million
答案
B
解析
If 40 percent of the amount invested in bonds is invested in highly rated corporate bonds, then the total amount invested in bonds is $1.4 million times 10/4 = $3.5 million. $3.5 million in bonds is 70 percent of the total fund, so the total fund is $3.5 million times 10/7 = $5 million.
转载请注明原文地址:http://tihaiku.com/zcyy/3360359.html
相关试题推荐
SpeakerA:I’dlikeabeer.SpeakerB:Certainlysir,______A、I’lltakeit.B、w
Inasecond-handbookshop,Billycameacrossabookwhichhethoughtwascertain
Ofcourseacertainamountofdependenceonothersisnotonlygood,butneces
Thewatchwasverygood,andhe________20percentdownforit.A、paidB、costC、bo
Whatpercentof180is45?A、0.25%B、4%C、25%D、40%E、250%CThisquestioncanal
WINK,Inc.followsacertainprocedurethatrequirestwotaskstobefinishedin
Ifxdollarsareinvestedat12percentforoneyearandydollarsareinvested
If12percentofxis30percentof480,thenxisA、144B、640C、960D、1,200E、1,
Inasampleofassociatesatalawfirm,30percentaresecond-yearassociates,
Ifxis20percentgreaterthan88,thenx=A、68B、70.4C、86D、105.6E、108D20p
随机试题
Ittakesawhile,asyouwalkaroundthestreetsofNantes,acityofhaftam
AccordingtoascientificstudypublishedinApril,2015,birdshaveshownt
[originaltext]Internationalinvestigatorshavepublishedaphotoofalarge
长五匹黄A.HT6k B.TPfm C.HTkP D.PTk
到2017年为止,《中国药典》一共颁布了A.5部 B.6部 C.8部 D.
急性心肌梗死时,最先恢复正常的酶是A.ALT B.LD C.CK-MB D
下图显示了某市大专及以上文凭学历的人才数量,请问图中四种人才数量之和为多少人?(
下列铁路客运站在城市中的布置方式,错误的是( )。A.通过式 B.尽端式
期货交易所每年应当对会员遵守期货交易所交易规则及其实施细则的情况进行抽样或者全面
下列关于教育费附加的表述中,正确的有( )。A.境内设立的外商投资企业不需计算
最新回复
(
0
)