Fund A sells at $32 a share and has a 3-year average annual return of $3 per share. The risk measure of standard deviation is 15.5. Fund B sells at $43 a share and has a 3-year average annual return...


Fund A sells at $32 a share and has a 3-year average annual return of $3 per share. The risk measure of standard deviation is 15.5. Fund B sells at $43 a share and has a 3-year average annual return of $8 a share. The risk measure of standard deviation is<br>15.5. Sally Burkhardt wants to spend no more than $7000 investing in these two funds, but she wants to obtain at least $800 in annual revenue. Sally also wants to minimize her risk. Determine how many shares of stock Sally should buy.<br>Sally should buy shares of Fund A and shares of Fund B.<br>(Round to the nearest whole number as needed.)<br>

Extracted text: Fund A sells at $32 a share and has a 3-year average annual return of $3 per share. The risk measure of standard deviation is 15.5. Fund B sells at $43 a share and has a 3-year average annual return of $8 a share. The risk measure of standard deviation is 15.5. Sally Burkhardt wants to spend no more than $7000 investing in these two funds, but she wants to obtain at least $800 in annual revenue. Sally also wants to minimize her risk. Determine how many shares of stock Sally should buy. Sally should buy shares of Fund A and shares of Fund B. (Round to the nearest whole number as needed.)

Jun 09, 2022
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