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9) Averton Money Management invests in a variety of companies to develop returns for customers. They have $10,000,000 to work with for the investments. Their
9) Averton Money Management invests in a variety of companies to develop returns for customers. They have $10,000,000 to work with for the investments. Their base stocks are expected to return 8%, their growth stocks 12%, and their international stocks 18%. The company wants to limit the investment in international stocks to 25% of the port- folio. They also want the growth stocks to be at least as much as the other two com- bined. How should it invest its stocks in order to maximize its return?
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