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You own 355 shares of Stock X at a price of $28 per share, 225 shares of Stock Y at a price of $51 per

You own 355 shares of Stock X at a price of $28 per share, 225 shares of Stock Y at a price of $51 per share, and 290 shares of Stock Z at a price of $74 per share. What is the portfolio weight of Stock Y?

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Explanation Weight of Y = 225($51)/[355($28) + 225($51) + 290($74)] Weight of Y = .2676

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