# Question

An investor bought common stock of Dell Inc. on three occasions at the following prices.

Date ...... Price Per Share

January 2009 ... $10.34

July 2009 .... $13.98

December 2009 ... $14.02

a. What is the average price per share if the investor had bought 100 shares in January, 60 in July, and 40 in December?

b. What is the average price per share if the investor had bought 40 shares in January, 60 in July, and 100 in December?

Date ...... Price Per Share

January 2009 ... $10.34

July 2009 .... $13.98

December 2009 ... $14.02

a. What is the average price per share if the investor had bought 100 shares in January, 60 in July, and 40 in December?

b. What is the average price per share if the investor had bought 40 shares in January, 60 in July, and 100 in December?

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