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Rob is a financial manager with Sharez, an investment advisory company. He must select specific investmentsfor example, stocks and bondsfrom a variety of investment alternatives.

Rob is a financial manager with Sharez, an investment advisory company. He must select specific investmentsfor example, stocks and bondsfrom a variety of investment alternatives. Which of the following statements is most likely to be the objective function in this scenario?

a. Maximization of investment risk

b. Minimization of the number of stocks held

c. Maximization of expected return

d. Minimization of tax dues

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