SOLUTION: Someone please answer this problem!!
You win $10,000. You decide to invest the money in stocks and/or bonds. You want at least $3000 be invested in bonds, with expected returns
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-> SOLUTION: Someone please answer this problem!!
You win $10,000. You decide to invest the money in stocks and/or bonds. You want at least $3000 be invested in bonds, with expected returns
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Question 759365: Someone please answer this problem!!
You win $10,000. You decide to invest the money in stocks and/or bonds. You want at least $3000 be invested in bonds, with expected returns of $0.08 per dollar, and at least $2000 be invested in stocks, with expected returns of $0.12 per dollar.
a) Write the objective function to determine how to invest the winning to maximize your return.
b) Write the constraints.
c) Using complete sentences, explain the process for finding each of the vertices for the feasible region.
d) Write the vertices of the feasible region.
e) Give the revenue for each vertex of the feasible region.
f) Using complete sentences, describe how the money be invested so as to maximize your expected returns and give the maximum return.
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