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A group of investors decides to invest $500,000 in the stocks of three companies. Company D sells for $60 a share and has an expected
A group of investors decides to invest $500,000 in the stocks of three companies.
- Company D sells for $60 a share and has an expected growth of 16% per year
- Company E sells for $80 a share and has an expected growth of 12% per year
- Company F sells for $30 a share and has an expected growth of 9% per year.
The group plans to buy twice as many shares of company F as of company E. If the groups goal is 14.52% growth per year. How many shares of each stock should the investors buy?
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