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3. Nicole owns 200 shares of Stock X which has a price of $15 per share and 100 shares of Stock Y which has a
3. Nicole owns 200 shares of Stock X which has a price of $15 per share and 100 shares
of Stock Y which has a price of $20 per share. What is the proportion of Nicole's
portfolio invested in stock Y?
A. 40%
B. 50%
C. 60%
D. none of the above; the correct answer is
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