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Fund A sells for $15 a share and has a 3 year average annual retum of 50 20 a share. The beta value is 107.
Fund A sells for $15 a share and has a 3 year average annual retum of 50 20 a share. The beta value is 107. Fund 8 ses for $18 a share and has a year average annual retum of SO Mashare. The betaal is 077 Jonque wants to spend no more than $3200 investing in these two funds, but he wants to obtain at least 100 in annual revenue Jong buy o wants to cze thesk Determine the number of shares of each fund that ongun show Set up the linear programming problem. Let a represent the number of shares in Fund Ab represent the number of shares in Fund and represent the total betale Minimize = 1.07a+.776 subject to 15a + 186 3200 0 28a 0.940 > 100 a20.620 (Use integers or decimals for any numbers in the expressions. Do not include the symbol in your answers Jonquin should buy share(s) in Fund A and share(s) in Fund B (Round to the nearest integer as needed) Enter your answer in each of the answer boxes 12 % & OB OD 89 0
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