pls answer and provide solution 16. Financial Analysts, Inc., is an investment firm that manages stock portfolios for a numberof clients. A new client is requesting that the firm handle an $80,000 portfolio. As an ini-tial investment strategy, the client would like to restrict the portfolio to a mix of the follow-ing two stocks:MaximumPrice/Estimated AnnualPossibleStockShareReturn/ShareInvestment$50$30Oil Alaska$50,000$45,000$6Southwest Petroleum$4Letx = number of shares of Oil Alaskay = number of shares of Southwest Petroleuma. Develop the objective function, assuming that the client desires to maximize the totalannual return.b. Show the mathematical expression for each of the following three constraints:(1) Total investment funds available are $80,000.(2) Maximum Oil Alaska investment is $50,000.(3) Maximum Southwest Petroleum investment is $45,000.

Name: pls answer and provide solution 16. Financial Analysts, Inc., is an in
Uploaded: 2024-03-20T07:07:26.000Z
Channel: Bartleby
Description: pls answer and provide solution 16. Financial Analysts, Inc., is an investment firm that manages stock portfolios for a numberof clients. A new client is requesting that the firm handle an $80,000 portfolio. As an ini-tial investment strategy, the cl