Suppose an investor invests EUR1,000 each month in a particular stock for n = 2 months. The
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Suppose an investor invests EUR1,000 each month in a particular stock for n = 2 months. The share prices are EUR10 and EUR15 at the two purchase dates. What was the average price paid for the security?
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Purchase in the first month EUR1000EUR10 100 shares Purchase in the second month EUR1000EUR15 ...View the full answer
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