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Fund A sells for $ 1 5 a share and has a 3 - year average annual return of $ 0 . 2 8 a

Fund A sells for $15 a share and has a3-year average annual return of $0.28 a share. The beta value is 1.07. Fund B sells for $17 a share and has a3-year average annual return of $0.97 a share. The beta value is 0.77. Jonquin wants to spend no more than $2500 investing in these two funds, but he wants to obtain at least $90 in annual revenue. Jonquin also wants to minimize the risk. Determine the number of shares of each fund that Jonquin should buy. Set up the linear programming problem. Let a represent the number of shares in Fund A, b represent the number of shares in Fund B, and z represent the total beta value.

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