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Consider 2 stocks in the following table. We create a stock index of companies that make stuff for Spring Break. stocks P0 Q0 P1 Q1

Consider 2 stocks in the following table. We create a stock index of companies that make stuff for Spring Break.

stocks P0 Q0 P1 Q1

ABC, Inc. $150 900 $160 900

XYZ, Inc. $96 400 $92 400

What is the initial portfolio weight for stock ABC in a market value-weighted index of these two stocks (in percent to 2 decimal places, so 10% is 10.00, not 0.10)? with solution steps please Answer:

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