Top Choice Investments, one of the companies that you have been investing for, have given you 2,000,000 to invest for them. The funds can be invested in one or more projects. These projects are all indivisible. The investors require a minimum return of 25% and they are high risk takers.

Details of the projects are as follows.

	Initial Cost ()	Expected Return	Risk ()
Project A	1,200,000	22%	8%
Project B	800,000	28%	10%
Project C	1,200,000	30%	15%
Project D	1,200,000	34%	17%

Correlation Co-efficients between the securities

	A	B	C	D
A	+1	+0.7	+0.6	+0.6
B	+0.7	+1	+0.65	+0.3
C	+0.6	+0.65	+1	+0.8
D	+0.6	+0.3	+0.8	+1

Required:

Advice Top Choice Investments on how all of the 2M should be invested using portfolio theory showing appropriate calculations