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Ivana Miracle wishes to invest up to her full inheritance of $300,000, and her goal is to minimize her risk subject to an expected annual return of at least $30,000. She has decided to invest her money in any of three possible ways—CDs, which pay a guaranteed 6 percent; stocks, which have an expected return of 15 percent; and a money market mutual fund, which is expected to return 8 percent. Risk factors are 1.0 for the CDs, 3.6 for the stocks, and 1.8 for the money market fund. What is the optimal solution and minimum risk value?
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Quantitative Analysis for Management

Quantitative Analysis for Management


Edition: 12th
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assignment009 Author
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6 years ago
Correct Slight Smile TY
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Thanks for your help!!
Lawson1981
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Brilliant ツ
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