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A client approached a stockbroker in an economy where stocks are sold in a stock market. The client has the following request to the broker:

A client approached a stockbroker in an economy where stocks are sold in a stock market. The client has the following request to the broker: Invest $ 100,000 for maximum annual income under the following conditions:

a. Spread the investment over no more than three different stocks.

b. put no more than 40% of the investment in to any stock.

c. put a minimum of $10,000 in to oil stock.

Stock

Price per share

Estimated annual return per share

Oil

$120

$11

Auto

52

4

Health

18

2

Formulate an LP model of the problem.

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