In a certain conservative mutual fund. 70 percent of the money is in vested in bonds , and of that portion , 40 percent is invested in highly rated corporate bonds . If at least $ 1.4 million in this what is the smallest possible total value for the mutual fund?

A $4 million
B $ 4.50 million
C $ 5 million
D $8 million

Correct Answer: $8 million

Bissoy MCQ
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