Innis Investments manages funds for a number of companies and wealthy clients

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Innis Investments manages funds for a number of companies and wealthy clients. The investment strategy is tailored to each client's needs. For a new client, Innis has been authorized to invest up to 1.2 million in two investment funds: a stock fund and a money market fund. Each unit of the stock fund cost $50 and provides an annual rate of return of 10%; each unit of the money market fund cost $100 and provides an annual rate of return of 4%.The client wants to minimize risk subject to the requirement that the annual income from the investment be at least $60,000 according to Innis's risk measurement system, each unit invested in the stock fund has a risk index of 8, and each unit invested in the money market fund has a risk index of 3. the higher the risk index associated with the stock fund simply indicates that the riskier investment. Innis's client also specified that at least $300,000 be invested in the money market fund