Question
1)Given the following information concerning three stocks, what is the simple average? Stock Price Shares Outstanding A $10 1,000,000 B $14 3,000,000 C $21 10,000,000
1)Given the following information concerning three stocks, what is the simple average?
Stock Price Shares Outstanding
A $10 1,000,000
B $14 3,000,000
C $21 10,000,000
| A. | $15 | |
| B. | $16 | |
| C. | $17 | |
| D. | $18 |
2) Given the following information concerning three stocks, what is the value-weighted average?
Stock Price Shares Outstanding
A $10 1,000,000
B $14 3,000,000
C $21 10,000,000
| a | $15.70 | |
| b | $16.70 | |
| c | $17.70 | |
| d $18.70
|
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Behavioral Finance
Authors: Edwin Burton, Sunit N. Shah
1st Edition
111830019X, 978-1118300190
