# Nico owns 100 shares of Stock X which has a price of $12 per share and 200 shares of Stock Y... ## Question: 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. 33% b. 67% c. 50% d. 77% ## Answer and Explanation: Correct answer: Option b) 67% Explanation: Nico provided the following information: His portfolio consists of: • Shares of Stock X = 100 • Price per share of stock X =$12
• Shares of Stock Y = 200
• Price per share of stock Y = $3 Total portfolio value of Nico = (Shares of Stock X * Price per share of stock X) + (Shares of Stock Y * Price per share of stock Y) Total portfolio value of Nico = (100 *$12) + (200 * $3) Total portfolio value of Nico =$1,800

Proportion of Nico's portfolio invested in Stock X = Investment in Stock X / Total portfolio value

Proportion of Nico's portfolio invested in Stock X = (100 * $12 ) /$1,800

Proportion of Nico's portfolio invested in Stock X = 66.67%

#### Learn more about this topic:

Portfolio Weight, Return & Variance: Definition & Examples

from Finance 101: Principles of Finance

Chapter 12 / Lesson 1
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