Use the Table Below to Answer the Following Question(s) The Company Recommends That No More Than $300,000 Be Invested
Multiple Choice
Use the table below to answer the following question(s) .
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.
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 through represents the dollar amount invested in funds 1 through 6, respectively.
-Which of the following is the constraint for investment in low-priced and multinational funds?
A) X₁ + X₂ ≥ 0.35(750,000)
B)
≥ 0.35(750,000)
C) X₁ + X₂ + X₃ + X₄ + X₅ + X₆ ≥ 0.35(750,000)
D) ≥ 0.35
Correct Answer:

Verified
Correct Answer:
Verified
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