Money market account-bond fund-international stock fund

Assignment Help Financial Accounting

Reference no: EM131202172

A person plans to invest a total of $130,000 in a money market account, a bond fund, an international stock fund, and a domestic stock fund. She wants 60 % of her investment to be conservative (money market and bonds). She wants the amount in domestic stocks to be 44 times the amount in international stocks. Finally, she needs an annual return of $5,200. Assuming she gets annual returns of 2.5% on the money market account, 3.5% on the bond fund, 4% on the international stock fund, and 6% on the domestic stock fund, how much should she put in each investment?

Reference no: EM131202172

Questions Cloud

Potential problem with financial statement analysis : Which of the following does not represent a potential problem with financial statement analysis?

Under the GAAP conservatism principle : Under the GAAP conservatism principle which of the following statements is true. A company should understate their income if they have an opportunity to do so. When a company has a choice regarding recording a transction or event, they should choose ..

Dollar amount of dividends paid for the year ended : If an analyst wanted to know the total dollar amount of dividends paid for the year ended 12/31/2012, where would they find this information?

Various financial schedules : Which of the following statements about the various 2012 financial schedules is correct?

Money market account-bond fund-international stock fund : A person plans to invest a total of $130,000 in a money market account, a bond fund, an international stock fund, and a domestic stock fund. She wants 60 % of her investment to be conservative (money market and bonds). She wants the amount in domesti..

Processing costing system and normal costing system : A company uses the weighted average method in its processing costing system and a normal costing system in the application of manufacturing overhead to production. MOH costs are applied to production at a rate of? $3 per direct labor hour. Direct lab..

Number of checks were allegedly forged on the account : Steven had a joint checking account with his mother at City National Bank of Florida. Between January and May 1990, a number of checks were allegedly forged on the account. Steven asked City National to re-credit the account for the amount of the che..

Conversion costs included in work in? process-assembly : ?Don’t Cry Over Spilled? Milk, Inc., a manufacturer of? mops, uses the weighted average method in its processing costing system.? Don’t Cry uses a traditional costing system in the allocation of its manufacturing overhead? (MOH) to? production; What ..

What is the consolidated net income : On January 1, 2015, Ackerman sold equipment to Brannigan (a wholly owned subsidiary) for $370,000 in cash. The equipment had originally cost $350,000 but had a book value of only $265,000 when transferred. What is the consolidated net income for 2015..

User Account

All Pages