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Please show excel screenshot steps Problem # 1. Formulate the problem and solve it using Excel Solver. A company has to invest $600,000 in different

Please show excel screenshot steps

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Problem # 1. Formulate the problem and solve it using Excel Solver. A company has to invest $600,000 in different financial products such that its earnings are maxi- mized. The expected return on investment for different financial products is given in Table 4.5. 11.2 TABLE 4.5 Portfolio Optimization Problem Description Financial Product Market Return (in %) X1 Trucks-Germany 9.5 X2 Cars-Japan X3 Laptops-USA 10.5 Computers--USA 11.9 Appliances-Australia 11.7 Appliances-Europe Insurance-Germany 10.5 Insurance-USA 10.9 Currency carry trade 5.5 X10 Others 5.1 X4 X5 13.2 X5 Xo The following constraints are specified on the investment No more than $140,000 in the transport segment No more than $160,000 in the computer segment No more than $120,000 in the appliances segment No more than $230,000 in the German segment No more than $220,000 in the USA segment

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