首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
In a certain conservative mutual fund, 70 percent of the money is invested in bonds, and of that portion, 40 percent is invested
In a certain conservative mutual fund, 70 percent of the money is invested in bonds, and of that portion, 40 percent is invested
admin
2017-11-11
56
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:https://kaotiyun.com/show/pxtO777K
本试题收录于:
GMAT QUANTITATIVE题库GMAT分类
0
GMAT QUANTITATIVE
GMAT
相关试题推荐
Nosooner______shefinishedherhomeworkthanshe______TV.
Whatyou’realwaysheard?We’reeatingwaytoomuchsalt.TheaverageAmericangetsabout3.4gramsofsodiumeveryday,farm
Mancannotgoonincreasinghisnumberatthepresentrate.Inthenext30yearsmanwillfaceaperiodofcrisis.Someexperts
Televisionhaschangedthelifestyleofpeopleineveryindustrializedcountryintheworld.IntheUnitedStates,wheresociolo
Televisionhaschangedthelifestyleofpeopleineveryindustrializedcountryintheworld.IntheUnitedStates,wheresociolo
Englandisnotabigcountry:fromnorthtosouthandfromeasttowestitisonlyaboutthreehundredmilesacross.Butforas
Afterbeingtestedinmanyways,thisnewly-designedmachinewill______inthenearfuture.
LordJim()aprivateschoolfiveyearsagowiththemoneyheearnedthroughhardwork.
Evidencecameup______specificspeechsoundsarerecognizedbybabiesasyoungas6monthsold.
Whenwetalkaboutintelligence,wedonotmeantheabilitytogetgoodscoresoncertainkindsoftestsoreventheabilityto
随机试题
人民法院对行政机关强制执行的申请进行书面审查。在法律规定的情况下,人民法院在作出裁定前可以听取被执行人和行政机关的意见。()
某企业生产A产品,固定成本为50万元,单位变动成本为15元,产品销售单价为40元,该企业A产品的盈亏平衡点销售量为()
A.中国药典B.企业标准C.药品注册标准D.行业标准E.炮制规范可以由省级药品监督管理部门制定的药品标准是()。
发包人在招标工程量清单中给定某工程设备暂估价,下列关于该工程设备价款调整的说法正确的是()。
中国人有句俗语“师生如父子”,其真正内涵是()。
马克思主义所持的教育起源说是教育的()。
北美自由贸易区是世界上第一个由发达国家和发展中国家联合组成的贸易集团。近几年来,北美自由贸易区GDP总量为17.2万亿美元左右,保持着国际贸易地区份额的首位。当前,随着全世界签署区域贸易协定的经济体越来越多,尤其正在进行的TPP自由贸易谈判的深入,世界上对
在对待传统道德的问题上,既要反对文化复古主义思潮,又要反对历史虚无主义思潮。历史虚无主义思潮()
PowerDesigner中的MetaWorks模块的主要功能是
Thereareonlytwowaystogatherinformationfromhumansubjectsaboutwhattheyarecurrentlydoing,thinking,orfeeling.On
最新回复
(
0
)