Use the Table Below to Answer the Following Questions) The Company Recommends That No More Than $300,000 Be Invested

question 31

Multiple Choice

Use the table below to answer the following questions) .
Qualis Investments is a private limited business that manages personal financial portfolios. The company manages six mutual funds and has a client that has acquired $750,000 from an inheritance. Characteristics of the funds are given in the table below. $$\begin{array} { | c | l | c | c | } \hline & \text { Qualis Mutual Fund Data } & & \\\hline & & \begin{array} { c } \text { Expected Annual } \\\text { Return }\end{array} &\text { Risk Measure } \\\hline 1 & \text { Qualis Low-priced Stock Fund } & 7.23 \% & 11.87 \\\hline 2 & \text { Qualis Multinational Fund } & 8.42 \% & 12.62 \\\hline 3 & \text { Qualis Mid-cap Stock Fund } & 6.66 \% & 13.72 \\\hline 4 & \text { Qualis Mortgage Fund } & 2.72 \% & 3.37 \\\hline 5 & \text { Qualis Income Equity Fund } & 8.89 \% & 8.4 \\\hline 6 & \text { Qualis Balanced Fund } & 3.50 \% & 6.91 \\\hline \end{array}$$ The company recommends that no more than $300,000 be invested in any individual fund, and that at least $80,000 be invested in each of the mid-cap stock and mortgage fund. The total amount invested in the low-priced and multinational funds are at least 35% of the total investment. The client would like an average return of at least 6%. Assume that X1- X6 represent the dollar amounts invested in funds 1 through 6, respectively.
-If the unit profit on Graystone surfboards is increased by $10, what is the total profit generated?

• A) $ 489.13
• B) $ 521.74
• C) $ 423.91
• D) $ 554.35

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Definitions:

Double-Precision Variable

A type of variable in programming that can store decimal numbers with double the precision of a float, allowing for more accurate calculations.

Scanf

A standard library function in C used to read formatted input from stdin.

LISP Language

A high-level programming language known for its symbolic expression processing, used extensively in artificial intelligence and computational linguistics.

Bound Checks

The safety measures implemented in code to verify that indices or keys are within the allowed range for data structures to prevent errors or breaches.