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The Mike-Milk Company just received extra cash from a lawsuit in the amount of $500,000. They want your assistance in developing an investment portfolio.
The Mike-Milk Company just received extra cash from a lawsuit in the amount of $500,000. They want your assistance in developing an investment portfolio. They are interested in the investment opportunities below. Investment Best Real Estate We R Real Estate Can Beat Us Health Doing It Right Health Investment Opportunities Projected Rate of Return (%) 14.2 9.6 8.2 6.7 3.9 State Bonds The Mike-Milk Company also wants to stay within the investment parameters below: 1. Neither industry (real estate nor healthcare) should receive more than $275,000. 2. State bonds should be at least 30% of the real estate. 3. The investment in Cant Beat Us Health should not be more than 55% of the total healthcare investment. (Note: a high return also means high risk) Provide Mike-Milk Company with the projected optimal portfolio selection including the expected annual return in dollars and the overall rate of return percentage. (Include the "Sensitivity Report as supporting documentation and round all answers to the nearest cent and/or second decimal place).
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