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

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 investor stipulates that stock 1 must not account for more than 35% of the number of shares purchased. Which constraint is correct?

A) X1 ? 0.35
B) X1 = 0.35 (50000)
C) X1 ? 0.35(X1 + X2 + X3)
D) X1 = 0.35(X1 + X2 + X3)