An investment firm recommends that a client invest in bonds rated aaa, a, and b. the average yield on aaa bonds is 5%, on a bonds 7%, and on b bonds 12%. the client wants to invest twice as much in aaa bonds as in b bonds. how much should be invested in each type of bond under the following conditions? a. the total investment is $28 comma 000, and the investor wants an annual return of $2 comma 020 on the three investments. b. the values in part a are changed to $35 comma 000 and $2 comma 530, respectively.

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.