SIT runs a retirement account for teachers, with a current market value of $$3$billion. MJK Co$.$ offers to conduct market research in an attempt to sift through the market data to find a way to increase the return to SIT's portfolio by $40$basis points this year. MJK Co$.$ is offering to conduct the research for the sum of $$8$million. This price is too

Question Blank $1$ of $3$

choose your answer... high $,$ low

because the maximum amount that SIT is willing to pay is

Question Blank $2$ of $3$

choose your answer... $7$ million $6$ million $12$ million $15$ million

$.$ Therefore, SIT would definitely

Question Blank $3$ of $3$

choose your answer... should not, should

conduct the research to increase the portfolio return.