Your friend's portfolio manager has suggested two high - yielding stocks: Consolidated Edison ( ED ) and
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Question:
Your friend's portfolio manager has suggested two highyielding stocks: Consolidated Edison ED and Royal Bank of Scotland RBSK ED shares cost $ yield in dividends, and have a risk index of per share. RBSK shares cost $ yield in dividends, and have a risk index of per share. You have up to $ to invest and would like to earn at least $ in dividends. How many shares to the nearest tenth of a unit of each stock should you purchase in order to meet your requirements and minimize the total risk index for your portfolio?
Buy
shares of ED and
shares of RBSK The minimum total risk index is c
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