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Alabama Pension Fund manages the state pension system. The fund needs to invest the $ 3 5 , 0 0 0 , 0 0 0
Alabama Pension Fund manages the state pension system. The fund needs to invest the $ provided by the State legislature this year. There are eight possible types of investments available. The expected annual return and the risk factor for each investment is listed below: Investment Type: Common StockDomestic, Common StockInternational, Common StockSmall Cap, Commodities, Corporate Bonds, Real Estate, State Bonds, Venture Capital; Expected Annual Return: ; Risk Factor: The Alabama Pension Fund wants to maximize the expected annual return; however, the maximum acceptable risk is Requirements: Use solver to determine what percentage of the $ should be invested in each investment type. There is NO user input cells in this problem. Remember to follow all items in the Excel Requirements document.
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