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3 Your broker has suggested that you diversify your investments by splitting your portfolio among...

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Algebra

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3 Your broker has suggested that you diversify your investments by splitting your portfolio among tech stocks municipal bond funds industrial stocks and precious metals She suggests six tech stocks four municipal bond funds eight industrial stocks and four precious metals gold silver palladium and platinum You want your portfolio to contain five tech stocks three municipal bond funds and either one industrial stock and two precious metals or no industrial stocks and three precious metals How many different portfolios are possible Hint Similar to Exercise 29 in Section 6 3 of the textbook Solution

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