You purchased 1,000 shares of a stock for $12 per share. Then, two months later, you purchased

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You purchased 1,000 shares of a stock for $12 per share. Then, two months later, you purchased an additional 500 shares of the same stock at $9 per share. Calculate the weighted mean of the purchase price for the total of 1,500 shares.

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Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

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Question Posted: Jun 23, 2022 03:01 AM

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You purchased 1,000 shares of a stock for $12 per share. Then, two months later, you purchased

Question:

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Here Total share purchased 1500 Total cost for first ...View the full answer

Principles Of Finance

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