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A portfolio has 70 shares of Stock A that sell for $39 per share and 110 shares of Stock B that sell for $33 per

A portfolio has 70 shares of Stock A that sell for $39 per share and 110 shares of Stock B that sell for $33 per share. Required: (a) What is the portfolio weight of Stock A? HINT: The portfolio weight is the percent of the portfolio's total value that is invested in Stock A. (b) What is the portfolio weight of Stock B? Hint: Whatever is not invested in Stock A must be invested in Stock B, so the weights must sum to 100%

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