In a Portfolio Problem, X1, X2, and X3 Represent the Number

question 51

Multiple Choice

In a portfolio problem, X1, X2, and X3 represent the number of shares purchased of stocks 1, 2, and 3, which have selling prices of $15, $47.25, and $110, respectively. The investor has up to $50,000 to invest.
-The expected returns on investment of the three stocks are 6%, 8%, and 11%. An appropriate objective function is:

• A) MAX .06X1 +.08X2 +.11X3
• B) MAX .06(15)X1 +.08(47.25)X2 +.11(110)X3
• C) MAX 15X1 + 47.25X2 +.110X3
• D) MAX (1/.06)X1 +.(1/08)X2 + (1/.11)X3

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Definitions:

Elevate Casted Arm

The practice of raising an arm with a cast above the level of the heart to reduce swelling and pain.

Venous Stasis

A condition of slow blood flow in the veins, commonly in the legs, which can lead to swelling, pain, and varicose veins.

Bone Calcium

Calcium stored in the bones, providing structure and strength, and playing a critical role in bodily functions such as muscle contraction and blood clotting.

Hypercalcemia

A condition characterized by an abnormally high level of calcium in the blood, which can lead to various health issues.