Question 391681
An investor bought 150 shares of Fly-Hi Airlines stock. He paid $60 per share for 50 shares, $50 per share for 60 shares, and $75 per share for 40 
shares. What was his average cost per share?
...
average price = total price / total number of shares
Average price = {{{(60*50+50*60+75*40)/150}}}
Average price = $60
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m.ananth@hotmail.ca