Question: 2). Set up the Linear Programming problem for the following word problem. Do Not Solve. Finance The Wells Fargo Advantage Growth A Fund sells at

2). Set up the Linear Programming problem for the

2). Set up the Linear Programming problem for the following word problem. Do Not Solve. Finance The Wells Fargo Advantage Growth A Fund sells at $43 a share and has a 3-year average annual return of $7 per share. The risk measure of standard deviation is 17.4. The Nuveen Symphony Optimized Alpha Fund sells at $24 a share and has a 3-year average annual return of $3 a share. The risk measure of standard deviation is 13.0. Robert Cenni wants to spend no more than $75,000 investing in these two funds, but he wants to obtain at least $11,000 in annual revenue. Robert also wants to minimize his risk. Determine how many shares of each stock Robert should buy. (Data from: www.morningstar.com as of May 2013.)

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