Question: Dave has $ 1 0 , 0 0 0 to invest in 5 company shares ( ANZ . AX , WBC . AX , TLS
Dave has $ to invest in company shares ANZAX WBCAX TLSAX AGL.AX and QAN.AX with the following restrictions. For diversification, no more than $ can be invested in any one share. If a share is chosen for investment, then at least $ will be invested in it Only one bank share either ANZ.AX or WBCAX can be selected. The amount invested in QAN.AX must be at least as much as the amount invested TLSAX Formulate and solve a LP model to determine the investment strategy that will maximize expected annual return.
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