Item #$1$b$.$ Portfolio Selection $($Use pages $370-373)$

The Mike$-$Milk Company has jest received an additional $$750,000$ from a lawsuit. They would like your assistance in developing an investment porfolio from their extra income. They are interested in the investment opportunities listed below.

$\backslash$table$[[$Investment$],[,$Ppportunities$],[$Investment$,$Projected Rate of Return$(\%)],[$Best Real Estate,$12\mathrm{.}4],[$We R Real Estate,$13\mathrm{.}0],[$Can Beant Us Health,$11\mathrm{.}0],[$Doing It Right Healith,$8\mathrm{.}3],[$State Bonds,$5\mathrm{.}9]]$

The Mike$-$Milk Company also wants to stay within the investment panameters below:

Neither industry $($real estate nor heal hcare$)$ should receive more than $$250,000$

State boods should be at leatt $13\%$ of the total investment.

The investment in Cant Beat Us Health should not exceed $65\%$ of the total healthoare investment. $($Note: a high retum also means high risk$)$

Provide Mike$-$Milk Company with the projected optimal portolio selection, including the expected annual return in dollars and the overall rate of retum percentage. $($Inclode the "Sensitivity Report" as supporting documentation and round all amwers to the nearest cent and$/$or second decimal place$)$

A$)$how much money should be invested into each company?