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Prescriptive Analytics (BUS 304: Section 21) Assignment 6 Question: Theo Harris earns $55,000 a year and has $9,000 to invest in a portfolio. His investment
Prescriptive Analytics (BUS 304: Section 21)\ Assignment 6\ Question:\ Theo Harris earns
$55,000
a year and has
$9,000
to invest in a portfolio. His investment\ alternatives and their expected returns are shown in the table below.\ Theo's investment goals are as follows and can be ranked according to the weights shown in\ parenthesis. Which investments should be included in Theo's portfolio, and how much should he\ invest in each?\ Goal 1: (25) Invest all funds available.\ Goal 2: (20) Maximize the total annual return in dollars, with a target of
$1,000
.\ Goal 3: (15) Invest at least 3% of salary in the employer's retirement plan.\ Goal 4: (15) Invest at least
10%
of the total investment in the money market.\ Goal 5: (10) Invest at most 25% of the total investment in retirement plans.\ Goal 6: (10) Invest at least 50% of the total investment in non-retirement plans.\ Goal 7: (5) Invest at most 50% of the total investment in mutual funds.
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