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Formulate and solve a linear program to find the least cost portfolio of bonds ( i . e . a linear combination of bonds )
Formulate and solve a linear program to find the least cost portfolio of bonds ie a linear combination of bonds to purchase today to meet the obligations of the municipality over the next eight years. Assume that any excess cash can be invested at a interest rate.
Formulate and solve a linear program to find the least cost portfolio of bonds ie a linear combination of bonds to purchase today to meet the obligations of the municipality over the next eight years. Assume that any excess cash can be invested at a interest rate.
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