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) and Gurkha's His 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.

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To calculate Altadis portfolio weight you need to determine the proportion of Altadis investme... View the full answer