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Fund A sells at $34 a share and has a 3 year average annual return of $3 per share. The risk measure of standard devation
Fund A sells at $34 a share and has a 3 year average annual return of $3 per share. The risk measure of standard devation is 19.1. Fund B sells at $46 a share and has a 3 year average annual return of $8 a share. The risk measure of standard deviation is 12.8. Sally burkhardt wants to spend no more than $7000 investing in these two funds, but wants to obtain at least $700 in annual revenue. Sally also wants to minimize her risk. Determin how many shares of stock Sally should by.
Sally should buy _ shares of Fund A and _ shares of Fund B
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