Two kinds of bonds available


Suppose that you're ivesting $10,000 in one bond. There are two kinds of bonds available. The first bond provide you a 7% return rate with a default rate of 3% and second bond gives you return of 9% with a default rate of 9%. Which one of such bonds would you suggest for investing your $10,000 Suppose that you want to maximize your profit?

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Basic Statistics: Two kinds of bonds available
Reference No:- TGS0854372

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