Portfolio Manager Max Gaines Needs to Develop an Investment Portfolio

question 6

Essay

Portfolio manager Max Gaines needs to develop an investment portfolio for his conservative clients. His task is to determine the proportion of the portfolio to invest in each of the five mutual funds listed below so that the portfolio provides the best return possible with a minimum risk. Formulate the maximin linear program.

Comprehend the difficulties in applying the benefits-received principle in creating tax policies.

Understand the circumstances under which a contract might be considered void due to mistakes.

Identify the legal remedies available when a contract is entered into on the basis of misrepresentation, undue influence, or duress.

Differentiate between statutory and equitable assignments in contract law.

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Definitions:

Milgram's Study

Milgram's study was a series of social psychology experiments conducted by Stanley Milgram, which measured the willingness of participants to obey authority figures who instructed them to perform acts conflicting with their personal conscience.

Highest Shock Intensity

Highest shock intensity refers to the maximum strength of an electrical shock that can be administered or experienced.

Cognitive Reinterpretation

involves altering the way one perceives and thinks about potentially distressing situations or stimuli, often used as a coping mechanism.

Authoritarian Personality

A personality type characterized by strict adherence to conventional values and a belief in absolute obedience or respect towards authority.