Nadia purchased 400 shares of XYZ stock at $20 per share. When the stock decreased in value

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Nadia purchased 400 shares of XYZ stock at $20 per share. When the stock decreased in value to $16 a share, Nadia purchased 600 more shares of XYZ stock. The weighted average price per share that Nadia paid for XYZ stock is $ (use 2 decimal places)?

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Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Posted Date: Mar 23, 2024 02:57 PM

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Nadia purchased 400 shares of XYZ stock at $20 per share. When the stock decreased in value

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