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Q-21. A manager invests 5,000 annually in a security for four years at the prices shown in the following table. Purchase Price of Security ()
Q-21. A manager invests 5,000 annually in a security for four years at the prices shown in the following table. Purchase Price of Security () Year 1 62.00 Year 2 76.00 Year 3 84.00 Year 4 90.00 The average price paid for the security is closest to: A. 76.48. B. 77.26. C. 78.00
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