1. An investor owns $14,000 of Adobe Systems stock, $18,000 of Dow Chemical, and $28,000 of Office Depot. What are the portfolio weights of each stock.
2. You invest a single amount of $17,250 for 9 years at 14 percent. At the end of 9 years you take the proceeds and invest them for 16 years at 19 percent. How much will you have after 25 years? Use Appendix A for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)