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Nico owns 100 shares of Stock X which has a price of $12 per share and 200 shares of Stock Y which has a price

Nico owns 100 shares of Stock X which has a price of $12 per share and 200 shares of Stock Y which has a price of $3 per share. What is the proportion of Nico's portfolio invested in stock X?

Taken from

Principles of Managerial Finance Chad J. Zutter; Scott B. Smart

		33%
		50%
		67%
		77%

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