(Answered) : 1. Theo Harris earns $55,000 a year and has $9,000 to invest in a portfolio. His investment alternatives and their expected retu

1. Theo Harris earns $55,000 a year and has $9,000 to invest in a portfolio. His investment alternatives and their expected returns are shown in the table below. Investment Description Expected Return A IRA (retirement) 3.5% B Employer’s retirement plan 4.5% C Deferred income (retirement) 8.0% D Unity mutual fund 7.0% E Liberty mutual fund 7.5% F Money market 5.5% Theo’s investment goals are as follows and can be ranked according to the weights shown in parenthesis. Which investments should be included in Theo’s portfolio, and how much should he invest in each? Goal 1: (25) Invest all funds available.