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natali 33 [55]
3 years ago
8

George Johnson recently inherited a large sum of money; he wants to use a portion of this money to set up a trust fund for his t

wo children. The trust fund has two investment options: (1) a bond fund and (2) a stock fund. The projected returns over the life of the investments are 9% for the bond fund and 11% for the stock fund. Whatever portion of the inheritance he finally decides to commit to the trust fund, he wants to invest at least 40% of that amount in the bond fund. In addition, he wants to select a mix that will enable him to obtain a total return of at least 9.5%.
Required:
a. Formulate a linear programming model that can be used to determine the percentage that should be allocated to each of the possible investment alternatives.
b. Solve the problem using the graphical solution procedure.
Business
1 answer:
jek_recluse [69]3 years ago
8 0

yo what sup bro I have no idea on what to say so just pray to God and he will give it to you

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