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The employee credit union at State University is planring the allocation of funds for the coming year. The credit union makes four fypes of loans

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The employee credit union at State University is planring the allocation of funds for the coming year. The credit union makes four fypes of loans to its members. the credit union invests in risk-free securities to stabilize income. The various revenue-producing investments together with annual rates of return are as follows: The credit union will have $2.3 million available for investment daring the coming year. State laws and credit union policies impose the following restrictions on the composition of the loans and investments: - Risk-free securities may not exceed 30% of the total funds available for investment. - Signature lonns may not exceed 10% of the funds imvested in all loans (automobile, furniture, other secured, and signature loans). - Furniture loans plus other secured loans may not exceed the automobile loans. - Other secured loans plus signature loans may not exceed the funds invested in nisk free secuities. How should the $2.3 million be allocated to eich of the loan/investment altematives to maximize totat annual return? How should the $2.3 million be allocated to each of the loan/investment alternatives to maximize total annual retur What is the projected total annual return

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