Finance Suppose the BlackRock Equity Dividend Fund sells at $$24$ a share and has

a $3-$year average annual return of $$3$ per share. The risk measure of beta is $\mathrm{.}95.$

The Columbia Dividend Income Fund sells for $$20$ a share and has a $3-$year

average annual return of $$2$ a share. The risk measure of beta is $\mathrm{.}89.$ Donald

wants to spend no more than $$10,000$ investing in these two funds, but he wants

to obtain at least $$1100$ in annual revenue. Donald also wants to minimize his

risk. Determine how many shares of each fund Donald should buy.

a$.$

Donald should buy $417$ shares of the Blackrock Equity Dividend Fund and no shares of the Columbia Dividend Income Fund.

b$.$

Donald should buy $367$ shares of the Blackrock Equity Dividend Fund and no shares of the Columbia Dividend Income Fund.

c$.$

Donald should buy $167$ shares of the Blackrock Equity Dividend Fund and $300$ shares of the Columbia Dividend Income Fund.

d$.$

Donald should buy no shares of the Blackrock Equity Dividend Fund and $500$ shares of the Columbia Dividend Income Fund.

e$.$

Donald should buy no shares of the Blackrock Equity Dividend Fund and $550$ shares of the Columbia Dividend Income Fund.