The Pioneer Investment Management Municipal High Income fund (MHI) and the PIMCO National Municipal Intermediate...
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The Pioneer Investment Management Municipal High Income fund (MHI) and the PIMCO National Municipal Intermediate Value Fund (GNMVX) are tax-exempt municipal bond funds. Suppose that in a certain year, the Pioneer fund was expected to yield 8%, while the PIMCO fund was expected to yield 5%. You would like to invest a total of up to $60,000 and earn at least $3,900 in interest in the coming year (based on the given yields). Draw the feasible region that shows how much money you can invest in each fund. (Place MHI on the x-axis and GNMVX on the y-axis. Select Update Graph to see your response plotted on the screen. Select the Submit button to grade your response.)
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