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Question 13 0/1 point You want to buy $16000 worth of shares in Tootsie Roll Industries Inc. on margin, but you only have $6000

Question 13 0/1 point You want to buy $16000 worth of shares in Tootsie Roll Industries Inc. on margin, but you only have $6000 of your own money to invest. You will borrow the remainder by short-selling the risk free asset. What is the portfolio weight for the risk free asset? Express your answer in decimal form (not percentage) and round your answer to two decimal places. Answer: 0.63

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