Question
In June an investor purchased 270 shares of Oracle stock (an information technology company) at $21 per share. In August, she purchased an additional 420
In June an investor purchased 270 shares of Oracle stock (an information technology company) at $21 per share. In August, she purchased an additional 420 shares at $28 per share. In November, she purchased an additional 420 shares, but the stock declined to $25 per share. What is the weighted mean price per share?
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Fundamentals Of Corporate Finance
Authors: David W Blackwell, Robert Parrino, David S Kidwell
1st Edition
0471270563, 9780471270560
