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Lester has a portfolio comprised of the following stocks: Stock Number of Shares Price per Share A 620 $ 17 B 400 36 C 840

Lester has a portfolio comprised of the following stocks:

Stock	Number of Shares	Price per Share
A	620	$	17
B	400		36
C	840		46
D	560		23

What is the portfolio weight of Stock C?

a.47.35 percent

b.48.16 percent

c.53.55 percent

d.50.54 percent

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