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After taking a reading-week trip to the Dominican Republic, you are now hooked on Cuban cigars. You ...

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After taking a reading-week trip to the Dominican Republic, you are now hooked on Cuban cigars. You ...

After taking a reading-week trip to the Dominican Republic, you are now hooked on Cuban cigars. You decide to build a stock portfolio with two different cigar companies:
Altadis'Behike(Altadis)
Gurkha'sHis Majesty's Reserve (Gurkhas)
You purchase 1,000 Altadis' shares, each at a price of $45. You also purchase 1,200 Gurkha's shares, each at a price of $65. Calculate Altadis' portfolio weight.
A) 0.316
B) 0.366
C) 0.386
D) 0.416
E) 0.426

Textbook

Corporate Finance Online

Edition: 1^st

Authors: Eakins, McNally

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We're using: Corporate Finance Online (Eakins, McNally)

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More solutions for this book are available here

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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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Really appreciate the effort, thank you for responding

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We're using: Corporate Finance Online (Eakins, McNally)

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