Question: please answer show work Question 11 (2 points) First Securities, Inc., an investment firm, has $380,000 on account. The chief investment officer would like to

please answer show work

please answer show work Question 11 (2 points)
Question 11 (2 points) First Securities, Inc., an investment firm, has $380,000 on account. The chief investment officer would like to reinvest the $380,000 in a portfolio that would maximize return on investment while at the same time maintaining a relatively conservative mix of stocks and bonds. The following table shows the investment opportunities and rates of return. Investment Opportunity Rate of Return Municipal Bonds 0.095 High Tech Stock 0.146 Blue Chip Stock 0.075 Federal Bonds 0.070 The Board of Directors has mandated that at least 60 percent of the investment consist of a combination of municipal and federal bonds, 25 percent Blue Chip Stock, and no more than 15 percent High Tech Stock. Formulate this portfolio selection problem using linear programming. Your answer should include the objective equation and all constraints. You may either type your answers in the box or attach it in a separate file. Paragr... BIUM EV

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