Finco has $6,000 to invest, and three investments are available. If dj dollars (in thousands) are invested
Question:
Finco has $6,000 to invest, and three investments are available. If dj dollars (in thousands)
are invested in investment j, then a net present value (in thousands) of rj(dj) is obtained, where the rj(dj)’s are as follows:
The amount placed in each investment must be an exact multiple of $1,000. To maximize the net present value obtained from the investments, how should Finco allocate the $6,000?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
Question Posted: