You have a portfolio totalling RM219,000 and want to invest in municipal bonds, blue-chips stocks or speculative stocks. The municipal bonds pays pay 6% annually. Over a five-year period, you expect...

Extracted text: You have a portfolio totalling RM219,000 and want to invest in municipal bonds, blue-chips stocks or speculative stocks. The municipal bonds pays pay 6% annually. Over a five-year period, you expect blue-chips stock to return 10% annually and growth stocks to return 15% annually. You want a combined annual return of 8% and you also want to have only one- fourth of the portfolio invested in stocks. How much should be allocated to each type of investment?