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Solver: Finance Example, Multiple Variables, Maximize Return E B D 1 The maximum available funds for a portfolio of investments are $250,000. 2 The three
Solver: Finance Example, Multiple Variables, Maximize Return E B D 1 The maximum available funds for a portfolio of investments are $250,000. 2 The three investment categories for this portfolio are: Tech Sector, Retail Sector and Corporate Bonds Index Fund. 3 The individual investments being considered are MSFT, AAPL, TGT, AMZN, E*Trade Corp Bond Fund. 4 The expected returns on the investments are as follows: MSFT = 6.50%, AAPL = 11.50%, TGT = 5.90%, AMZN = 8.50%, E*Trade Corp Bond Fund = 5.50%. 5 The maximum amount to invest in the Tech Sector is $125,000. 6 The minimum amount to invest in the Retail Sector is $75,000. 7 The minimum amount to invest in the the individual stock TGT is $15,000. 8 The minimum amount to invest in Corporate Bonds Index Fund is 20% of the amount invested in the Tech Sector. 9 What is the amount should be invested in each investment so that profits are maximized
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