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2. A financial adviser has a new client and is helping him to diversify his stock portfolio. He is considering 4 stocks for purchase and the table below shows the dividend paid per share. Stock A Stock B Stock C Stock D $1.51 $2.50 $3.25 5.98 Dividends paid per share They can purchase no more than a total of 5000 shares. They must purchase at least 600 shares of stocks A and D and no more than 15 shares of stocks 8 and C In order to maximize the amount of money from dividend payments received, how many shares of each stock should they buy in order to meet their requirements This problem is to be done on Excel. You must include the answer sheet, with the optimal solution clearly stated in your own words. You must also include your handwritten program with the unknowns clearly identified. (8 pts) 2. A financial adviser has a new client and is helping him to diversify his stock portfolio. He is considering 4 stocks for purchase and the table below shows the dividend paid per share. Stock A Stock B Stock C Stock D $1.51 $2.50 $3.25 5.98 Dividends paid per share They can purchase no more than a total of 5000 shares. They must purchase at least 600 shares of stocks A and D and no more than 15 shares of stocks 8 and C In order to maximize the amount of money from dividend payments received, how many shares of each stock should they buy in order to meet their requirements This problem is to be done on Excel. You must include the answer sheet, with the optimal solution clearly stated in your own words. You must also include your handwritten program with the unknowns clearly identified. (8 pts)
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Maximizing Dividend Income with Stock Portfolio Diversification Objective Determine the optimal numb... View the full answer
Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
Posted Date:
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