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Finance The BlackRock Equity Dividend Fund sells at $24 a share and has a 3-year average annual return of $3 per share. . The risk
Finance 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 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 .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. (Data from: www. morningstar.com.) Finance 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 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 .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. (Data from: www. morningstar.com.)
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