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You have a portfolio of two stocks: one long position and one short position. You bought 2,232 shares of Moose Inc. at $56 per share.

You have a portfolio of two stocks: one long position and one short position. You bought 2,232 shares of Moose Inc. at $56 per share. Part of the funds needed to take the long position were derived from selling 500 shares of Squirrel Ltd. for $50 a share. You invested the difference from your own funds. What is the portfolio weight on the Squirrel position?

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