(Answered) : •ICT invests in trade credits, corporate bonds, precious metal stocks, mortgage-based securities, and construction loans. â

•ICT invests in trade credits, corporate bonds, precious metal stocks, mortgage-based securities, and construction loans.

•It has $ 5 million to invest and is considering the investment possibilities shown below.

INVESTMENT INTEREST EARNED RISK SCORE

Trade credits 7% 1.7

Corporate bonds 10% 1.2

Gold stocks 19% 3.7

Platinum stocks 12% 2.4

Mortgage securities 8% 2.0

Construction loans 14% 2.9

•Investment guidelines have to be followed

–No more than 25% of total amount invested may be in any single type of investment

–For each $1 invested in platinum stocks, at least $2 in gold stocks

–Platinum must be at most 30% of any investment in metals

–At least 45% in trade credits and corporate