Problem 11-3 Blair & Rosen, Inc. (BSR) is a brokerage firm that specializes in investment portfolios designed to meet the specific risk tolerances of its clients. A client who contacted B&R this past week has a maximum of $55,000 to invest. B&R's investment advisor decides to recommend a portfolio consisting of two investment funds: an Internet fund and a Blue Chip fund. The Internet fund has a projected annual return of 17%, while the Blue Chip fund has a projected annual return of 8%. The investment advisor requires that at most $25,00 of the client's funds should be invested in the Internet fund, B&R services include a risk rating for each Investment alternative. The Internet fund, which is the more risky of the two investment alternatives, has a risk rating of 5 per thous per thousand dollars invested. For example, if $10,000 is invested in each of the two investment funds, B&R's risk rating for the portfolio would be 5(10) + 5(10) - 100. Finally, B&R developed a questionnaire to measure each client's risk tolerance. Based on the res! client is dassified as a conservative, moderate, or aggressive investor. Suppose that the questionnaire results classified the current client as a moderate investor. B&R recommends that a client who is a moderate investor limit his or her portfolio to a maximum risk rating of 240. (b) Build a spreadsheet model and solve the problem using Solver. What is the recommended investment portfolio for this dient? Internet Fund - $ 25000 Blue Chip Fund - $ What is the annual return for the portfolio? (c) Suppose that a second client with $55,000 to invest has been classified as an aggressive investor. B&R recommends that the maximum portfolio risk rating for an aggressive investor is 350. What is the recommended investment portfolio for this aggressive investor? Internet Fund - $ 25000 Blue Chip Fund - 30000 Annual Return - $ (d) Suppose that a third client with $55,000 to invest has been classified as a conservative Investor. B&R recommends that the maximum portfolio risk rating for a conservative Investor is 150. Develop the recommended investment portfolio for the conservative investor. Internet Fund - $ 25000 5000 Blue Chip Fund - $ Annual Return - $