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1)A portfolio has 270 shares of Stock A that sell for $16.12 per share and 323 shares of Stock B that sell for $9.53 per

1)A portfolio has 270 shares of Stock A that sell for $16.12 per share and 323 shares of Stock B that sell for $9.53 per share. What is the portfolio weight of Stock A? Enter the answer in 4 decimals (e.g. 0.3044).

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