Investment ProblemsPlease answer the following investment problemsIn preparation for applying investment and portfolio management concepts and techniques to your course project, complete the following problems from your Investments text:Problem 3 on page 587 of Chapter 17.Problems 11, 12, and 13 on page 626 of Chapter 18.Problems 6 and 26 on pages 711–714 of Chapter 20.Each solution should include a statement of the problem and the accompanying answer. Paraphrase all responses and avoid simply restating what is written in the textbook. For numeric solutions, provide full documentation of the process used to reach the solution. For problems that require additional analyses, use information from your text to inform your analysis, incorporating creativity, critical thinking, and real-life perspectives.Submit your responses to the assignment area. Solutions for the problems will be posted the subsequent week.Resources and citations should be formatted according to APA sixth edition style and formatting.