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You plan to spend $100 a month on a certain fund's shares. The first month the shares are priced at $10 each so you buy
You plan to spend $100 a month on a certain fund's shares. The first month the shares are priced at $10 each so you buy 10. The next month the shares are priced at $5, so you buy 20. What is the average cost of this fund's shares in your portfolio?
Group of answer choices
None of these is correct.
$100
$7.50
$6.67
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