1) Mary built her portfolio by buying three different stocks (Jazz Inc., Classical Inc., and Rock Inc.). The share prices when she bought them, the number of shares that she bought and the expected rate of returns for each stock are shown in Table 1. Table 1. The number of shares, share prices and expected rate of returns Security Number of Shares Jazz Inc. 100 Classical Inc. 400 Rock Inc. 200 Share Price $40 $20 $20 Expected Rate of Return 17% 13% 23% a) Calculate the total portfolio value when she bought the stocks. (6p.) b) Calculate the weights of each stock in the portfolio. (6p.) c) Calculate the expected rate of return of the portfolio. (8p.)