SOLUTION: (Please help?) A stockbroker placed the following order for a customer: • 50 shares of Kaiser Aluminum preferred at $100 a share • 100 shares of GTE preferred at $27.20 a sha

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Question 857553: (Please help?)
A stockbroker placed the following order for a customer:

• 50 shares of Kaiser Aluminum preferred at $100 a share
• 100 shares of GTE preferred at $27.20 a share
• 20 shares of Boston Edison preferred at $12.20 a share

What is the weighted arithmetic mean price per share?
$99.50
$46.85
$67.19
$27.20
Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
 

Hi,

weighted arithmetic mean =  

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