An investor has up to $750,000 to invest in two types of investments. Type A pays 10% annually and type B pays 7% annually. To
An investor has up to $750,000 to invest in two types of investments. Type A pays 10% annually and type B pays 7% annually. To have a well-balanced portfolio, the investor imposes the following conditions. At least one-half of the total portfolio is to be allocated to type A investments and at least one-fourth is to be allocated to type B investments. What is the optimal amount that should be invested in each type of investment?
$---------------in type A
$---------------in type B
What is the optimal return? $ -------------------------
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