Table 8.2 You Are Going to Invest $20,000 in a Portfolio Consisting

Multiple Choice

Table 8.2
You are going to invest $20,000 in a portfolio consisting of assets X, Y, and Z, as follows:
-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?

A) 77%
B) 67%
C) 50%
D) 33%