A pension fund has decided to invest $45,000 in the two high-yield stocks:
Duke Energy Corp with a share price of $14 and yield return of 8%.
Eastman Kodak with a share price of $30 and yield return of 6%.
This pension fund has decided to invest at least 25% of the $45,000 in each of the two stocks. Further, it has been decided that at most 63% of the $45,000 can be invested in either one of the stocks. How many shares of each stock should be purchased in order to maximize the annual yield, while meeting the stipulated requirements? what is the annual yield in dollars for the optimal investment plan?
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This question sounds to me like you are trying to get other people to do your homework assigment for you.
The stuff between my ears is like a bank account. The more I put into it the more value it has to me.
Homework is designed for you to learn. Having someone else do your homework for you deprives you of that learning process. The bank account between your ears doesn't get any deposits of value to you.
It would be the same if you were a runner and had somebody else do your training for you. Your body would not get the benefit of training.
If you want to succeed in life, you need to learn and make your brain more valuable to you. You can't cheat this process. Don't have other people do your homework for you. You might get a good grade, but you will not get long lasting benefits from learning something yourself that you can use at a later time.
I wish you well.
I will not answer this questions, but will tell you that if this is a true situation, and there actualy is a pension placing this money where you say, they should not put nearly all their eggs in 2 baskets. Also, Kodak has gone nowhere for many years, and at sone point, coul dalways cut their dividend.