What is the present value of payment

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1. If you own 350 shares of Xerox at $18.84, 450 shares of Qwest at $9.65, and 250 shares of Liz Claiborne at $46.23, what are the portfolio weights of each stock? (Round your answers to 3 decimal places.)

2. Lisa has the opportunity to receive $20,000 in three years. If Lisa can earn 6% on her investments, what is the present value of the $20,000 payment?

Reference no: EM131962611

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