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SOLVING USING EXCEL! SHOW STEPS IN EXCEL AND IN EXCEL SOLVER PLEASE Question. Mackenzie Investments is deciding on future investment for the coming two years
SOLVING USING EXCEL! SHOW STEPS IN EXCEL AND IN EXCEL SOLVER PLEASE
Question. Mackenzie Investments is deciding on future investment for the coming two years and is considering four bonds. The investment details for the next two years are given in the table below. The net worth of these four bonds at maturity is $60,000,$40,000,$25,500, and $18,000, respectively. The firm plans to invest at most $40,000 and $65,000 in Year 1 and Year 2, respectively. In years 1 and 2, the firm can invest on different bonds. In order to invest on Bond B, the firm has to invest on Bond C. 1. Using Excel solver, develop and solve a binary integer programming model for maximizing the return on investment (in dollars). Which bonds should be invested in years 1 and 2? How much money is invested? What is the return on investment (in dollars) Step by Step Solution
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