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posted this question 2 times already and kept getting it wrong can someone please tell me the correct answers and double check their work. -
posted this question 2 times already and kept getting it wrong can someone please tell me the correct answers and double check their work.
- Risk-free securities may not exceed 30% of the total funds available for investment. - Signature loans may not exceed 10% of the funds invested in all loans (automobile, furniture, other secured, and signature loans). - Furniture loans plus other secured loans may not exceed the automobile loans. - Other secured loans plus signature loans may not exceed the funds invested in risk-free securities. How should the $2,200,000 be allocated to each of the loan/investment alternatives to maximize total annual return? What is the projected total annual return? - Risk-free securities may not exceed 30% of the total funds available for investment. - Signature loans may not exceed 10% of the funds invested in all loans (automobile, furniture, other secured, and signature loans). - Furniture loans plus other secured loans may not exceed the automobile loans. - Other secured loans plus signature loans may not exceed the funds invested in risk-free securities. How should the $2,200,000 be allocated to each of the loan/investment alternatives to maximize total annual return? What is the projected total annual returnStep by Step Solution
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