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Business, 09.03.2021 05:30, MrJonezy4529
8 Furniture loans 12 Other secured loans 14 Signature loans 13 Risk-free securities 9 The credit union will have $2.5 million available for investment during the coming year. State laws and credit union policies impose the following restrictions on the composition of the loans and investments. Risk-free securities may not exceed 30% of the total funds available for investment. Signature loans may not exceed 10% of the funds invested in all loans (automobile, furniture, other secured, and signature loans). Furniture loans plus other secured loans may not exceed the automobile loans. Other secured loans plus signature loans may not exceed the funds invested in risk-free securities. How should the $2.5 million be allocated to each of the loan/investment alternatives to maximize total annual return
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8 Furniture loans 12 Other secured loans 14 Signature loans 13 Risk-free securities 9 The credit uni...
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