1. You have invested 30 percent of your portfolio in Jacobs inc. 40 percent in Bella co. and 30 percent in Edward Resources. What is your expected return of your portfolio if Jacob, Bella and Edward have expected return of 0.02, 0.20 and 0.09.

2. A project has the following cash flow

0-( 500)

1- $160

2- $200

3- $310

What is the project NPV if the interest rate is 6%