In June, an investor purchased 300 shares of Oracle (an information technology company) stock at $53 per share. In August, she p

Question

3 years ago

8

In June, an investor purchased 300 shares of Oracle (an information technology company) stock at $53 per share. In August, she p

urchased an additional 400 shares at $42 per share. In November, she purchased an additional 400 shares at $45. What is the weighted mean price per share? (Round your answer to 2 decimal places.)

Mathematics

1 answer:

alukav5142 [94] · Answer 1 · 2022-09-06T10:59:38+03:00

alukav5142 [94]3 years ago

4 0

Answer: The mean price per share is $22.91