A group of investors has $500,000 to invest in the stocks of three companies.Company A sells for $50 a share and has an expected growth of 13% per year.Company B sells for $20 per share and has an expected growth of 15% per year.Company C sells for $80 a share and has an expected growth of 10% per year.The group decides to try a new investment strategy which entails buying equal amounts of shares in Company B and Company C,and having a goal of 11.4% growth per year.How many shares of each stock should they buy?

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The Answer of A group of investors has $500,000 to invest in the stocks of three companies.Company A sells for $50 a share and has an expected growth of 13% per year.Company B sells for $20 per share and has an expected growth of 15% per year.Company C sells for $80 a share and has an expected growth of 10% per year.The group decides to try a new investment strategy which entails buying equal amounts of shares in Company B and Company C,and having a goal of 11.4% growth per year.How many shares of each stock should they buy?

A Group of Investors Has $500,000 to Invest in the Stocks