Multiple Choice
A stockbroker placed the following order for a customer:
*50 shares of Kaiser Aluminum preferred at $104 a share
* 100 shares of GTE preferred at $25.25 a share
* 20 shares of Boston Edison preferred at $9.125 a share
What is the weighted arithmetic mean price per share?
A) $25.25
B) $79.75
C) $103.50
D) $46.51
Correct Answer:
Verified
Correct Answer:
Verified
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