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

question 44

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.
-Due to decreasing profits, if the production of Graystone surfboards is stopped, compute the total profit the firm can earn.

• A) $ 521.74
• B) $ 489.13
• C) $ 423.91
• D) $ 500.00

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Definitions:

Ceremonial Centers

Centralized areas within ancient civilizations used for rituals, ceremonies, and communal gatherings, often featuring significant architectural structures.

Ribbed Vaults

Architectural elements used in Gothic cathedrals that feature intersecting ribbed arches, helping to support the ceiling or roof.

Gorget

A neck pendant, usually made of shell.

Sacrosanct Nature

The quality of being regarded as too important or valuable to be interfered with; often related to religion or tradition.