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If an Investor Purchased 50 Shares of Pearson Education Stock

Question 3

Multiple Choice

If an investor purchased 50 shares of Pearson Education stock at $85 per share, 90 shares at $105 per share, 120 shares at $110 per share and another 75 shares at $130 per share. What is the mean cost per share?


A) $110.25
B) $109.40
C) $130.50
D) $105.50

Correct Answer:

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