A stockbroker placed the following order for a customer. .50 shares of Kaiser Aluminum at $104 a share .100 shares of GTE at $25.25 a share • 20 shares of Boston Edison at $9.125 a share What is the weighted arithmetic mean price per share? Multiple Choice $25.25 $79.75 $103.50 $46.51

Personal Finance
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ISBN:9781337669214
Author:GARMAN
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Chapter14: Investing In Stocks And Bonds
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A stockbroker placed the following order for a customer."
.50 shares of Kaiser Aluminum at $104 a share
.100 shares of GTE at $25.25 a share
• 20 shares of Boston Edison at $9.125 a share
What is the weighted arithmetic mean price per share?
Multiple Choice
О
$25.25
О
M
О
$79.75
$103.50
$46.51
Transcribed Image Text:A stockbroker placed the following order for a customer." .50 shares of Kaiser Aluminum at $104 a share .100 shares of GTE at $25.25 a share • 20 shares of Boston Edison at $9.125 a share What is the weighted arithmetic mean price per share? Multiple Choice О $25.25 О M О $79.75 $103.50 $46.51
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