Scenario $1$

Charlie just obtained $$240,000$ by selling mutual funds and is now

looking for other investment opportunities for these funds. His

financial consultant recommends that all new investments be

made in the stocks of industries such as Agriculture, Healthcare,

Banking, Manufacturing, and Real Estate. The projected annual

rates of returns for the investments are as follows:

Expected Annual Returns of the

Stocks

Stocks Return $(\%)$

Agriculture $,11$

Health Care $,6\mathrm{.}50$

Banking

$9$

Manufacturing $12$

Real Estate

$8\mathrm{.}50$