Question: (b) Interpret the Excel Solver solution and advise Jason on the following with justifications: (1) How would you recommend him to allocate his $200,000? (3

(b) Interpret the Excel Solver solution and advise Jason on the following with justifications: (1) How would you recommend him to allocate his $200,000? (3 marks) (ii) Suppose you have wrongly estimated the following: . Expected return on Certificate of Deposit (CD). Instead of being 6 percent, it should have been 7 percent. . Expected return on stocks (S). Instead of being 13 percent, it should have been 10 percent. Expected return on money market mutual fund (M). Instead of being 8 percent, it should have been 7 percent. How would the above changes altogether affect Jason's optimal solution
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