Q Search this cours nent eBook ave has $100,000 to invest in 10 mutual fund alternatives w ith the following restrictions. For diversification, no more than $25,000 can be inve one fund. If a fund is chosen for investment, then at least $10,000 will be invested in it. No more than two of the funds can be pure growth funds least one pure bond fund must be selected. The total amount invested in pure bond funds must be at least as much as the amount invested in pu Using the following expected returns, formulate and solve a model that will determine the investment strategy that will maximize expected return. What is the maximized expected annual return? How often would you expect to run your model? Round your answer to a whole dollar amo Fund Type Growth Growth Expected Return (%) 6.70 7.65 7.55 7.45 7.60 6.45 7.20 6.95 - 5.20 5.90 Growth Growth & Income Growth & Income Growth & Income Stock & Bond Bond 10 0 ype here to search Q Search this cours nent eBook ave has $100,000 to invest in 10 mutual fund alternatives w ith the following restrictions. For diversification, no more than $25,000 can be inve one fund. If a fund is chosen for investment, then at least $10,000 will be invested in it. No more than two of the funds can be pure growth funds least one pure bond fund must be selected. The total amount invested in pure bond funds must be at least as much as the amount invested in pu Using the following expected returns, formulate and solve a model that will determine the investment strategy that will maximize expected return. What is the maximized expected annual return? How often would you expect to run your model? Round your answer to a whole dollar amo Fund Type Growth Growth Expected Return (%) 6.70 7.65 7.55 7.45 7.60 6.45 7.20 6.95 - 5.20 5.90 Growth Growth & Income Growth & Income Growth & Income Stock & Bond Bond 10 0 ype here to search