Referring to the Texas Lotto situation in Problem 7-20 suppose the investor has changed his attitude about

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Referring to the Texas Lotto situation in Problem 7-20 suppose the investor has changed his attitude about the investment and wishes to give greater emphasis to the risk of the investment, now the investor wishes to minimize the risk of the investment as long as a return of at least 8% is generated. Formulate this as an LP problem and find the optimal solution. How much should be invested in each stock? What is the average risk for this investment? What is the estimated return for this investment?


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Quantitative Analysis For Management

ISBN: 162

11th Edition

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

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