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1. Martha Magnate is a financial consultant working on the portfolio mix of stocks to recommend to a client who recently won $10 million in

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1. Martha Magnate is a financial consultant working on the portfolio mix of stocks to recommend to a client who recently won $10 million in the Oklahoma lottery. The table below shows the shares he is considering with their expected return and cost per block of shares. In addition to the $10 million limit the following requirements must be met: At least two of stocks A, D, or E must be in the portfolio. Either project B or project C may be done, but not both Exactly one of stocks For G must be purchased. If stock B is included in portfolio, then stock A must also be included in portfolio. Objective is to maximize annual return on investment o Stock Font Color B D E F G Expected annual return (5000) 150 190 210 90 225 120 300 Cost per share block (8000) 1500 2400 3000 1200 2550 1050 3600 . Write the formulation for this problem as a 0/1 integer programming problem to determine which share blocks should be included in the portfolio. Set the problem up in Excel and solve using Solver Report the solution and objective result

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