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  3. 9) averton money management invests in a variety o

9) Averton Money Management invests in a variety of companies to develop returns for customers....

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Accounting

9) Averton Money Management invests in a variety of companies to develop returns for customers. They have $10,000,000 to work with for the investments. Their base stocks are expected to return 8%, their growth stocks 12%, and their international stocks 18%. The company wants to limit the investment in international stocks to 25% of the port- folio. They also want the growth stocks to be at least as much as the other two com- bined. How should it invest its stocks in order to maximize its return?
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Averton Money Management invests in a variety of companies to develop returns for customers. They have $10,000,000 to work with for the investments. Their base stocks are expected to return 8%, their growth stocks 12%, and their international stocks 18%. The company wants to limit the investment in international stocks to 25% of the portfolio. They also want the growth stocks to be at least as much as the other two combined. How should it invest its stocks in order to maximize its return

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