Nico Owns 100 Shares of Stock X Which Has a Price

question 25

Multiple Choice

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%

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Definitions:

Probated

The legal process wherein a will is reviewed to determine whether it is valid and authentic.

Copies

Reproductions or duplicates of an original document, artwork, or item.

Next of Kin

The closest living relative or relatives to someone, particularly important in legal contexts such as inheritance or emergency decisions.