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expressed in excel Morton Financial must decide on making investments in some assets with risk and interest represented in the following table. The total budget

expressed in excelimage text in transcribed

Morton Financial must decide on making investments in some assets with risk and interest represented in the following table. The total budget for this investment is a 5 million dollar maximum. No more than 18% of the total amount invested may be in any single type of investment, at least $1 million of the funds invested must be in Computer and Technology Stocks (Apple and Microsoft), also at least $2 million must be invested in banking stocks (BMO and TD), and the average interest earned of the total investment must be 10% or more. How many shares of each company should be purchased to achieve the lowest risk score of the portfolio? In the answer, you submit, include writing down the problem on a piece of paper as well as the excel sheet. Morton Financial must decide on making investments in some assets with risk and interest represented in the following table. The total budget for this investment is a 5 million dollar maximum. No more than 18% of the total amount invested may be in any single type of investment, at least $1 million of the funds invested must be in Computer and Technology Stocks (Apple and Microsoft), also at least $2 million must be invested in banking stocks (BMO and TD), and the average interest earned of the total investment must be 10% or more. How many shares of each company should be purchased to achieve the lowest risk score of the portfolio? In the answer, you submit, include writing down the problem on a piece of paper as well as the excel sheet

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