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Your portfolio manager has suggested the following three companies for investment purposes: Epsilon NanoTech, Zeta Functions, and Delta Derivatives. Epsilon NanoTech shares cost $ 2
Your portfolio manager has suggested the following three companies for investment purposes: Epsilon NanoTech, Zeta Functions, and Delta Derivatives. Epsilon NanoTech shares cost $ per share, Zeta Functions shares cost $ per share, and Delta Derivatives shares cost $ per share. You have $ to invest, wish to hold the number of Zeta Functions shares as Delta Derivatives shares, and for reasons too complicated to explain a total of shares.
How many shares of each company should you buy?
Use the given information to set up a system of linear equations in two unknowns
Solve that system by any method including technoog
If the given information leads to a system of equations with infinitely many solutions, you must state the general solution and interpret it in the context of the gien situaion.
Ifyou simply write down a solution without setting up a system of equations you get zero credit.
Note that fractions of shares are possible, and in fact quite common in actual stock market transactions; in some cases some shares are so expensive that people sometimes purchase only a fraction of a share. For instance, a single share of Berkshire Hathaway costs around $as of Match
Note: Following the method required will result in fractions and not decimals, as roundeddecimals are seldom exact. Text in picture
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