Question: solve using Excel Solver An investor is considering three different television news stocks to complement his portfolio: British Broadcasting Company (BBC), Canadian Broadcasting Company (CBC),

 solve using Excel Solver An investor is considering three different television

solve using Excel Solver

An investor is considering three different television news stocks to complement his portfolio: British Broadcasting Company (BBC), Canadian Broadcasting Company (CBC), and Australian Broadcasting Company (ABC). His broker has given him the following information: SHORT-TERM GROWTH (PER $ INVESTED) INTERMEDIATE GROWTH (PER $ INVESTED) DIVIDEND RATE BBC 0.39 8% 1.59 1.70 CBC 0.26 4% ABC 0.42 1.45 6% The investor's criteria are as follows: (1) The investment should yield short-term growth of at least $1,000; (2) the investment should yield intermediate-term growth of at least $6,000; and (3) the dividends should be at least $250 per year. Deterinine the least amount the investor can invest and how that investment should be allocated between the three stocks

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