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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-> 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
