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After taking a reading-week trip to the Dominican Republic, you are now hooked on Cuban cigars. You decide to build a stock portfolio with two
After taking a reading-week trip to the Dominican Republic, you are now hooked on Cuban cigars. You decide to build a stock portfolio with two different cigar companies: Altadis' Behike (Altadis) and Gurkha's His Majesty's Reserve (Gurkhas). You purchase 1,000 Altadis' shares, each at a price of $45. You also purchase 1,200 Gurkha's shares, each at a price of $65. Calculate Altadis' portfolio weight. A.) 0.386 B.) 0.416 C.) 0.316 D.) 0.366
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