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Answer the question Suppose you buy 800 shares of Abbott Biotech at $80 per share and 600 shares of Bionica 2 $75 per share. If
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Suppose you buy 800 shares of Abbott Biotech at $80 per share and 600 shares of Bionica 2 $75 per share. If Abbott's share price goes up to $88 and Bionica's falls to $72, what is th new value of the portfolio, and what return did it earn? After the price change, what are ew portfolio weights? Show all computations.
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