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estion 4: In June, an investor purchased 300 shares of Oracle (an information technology
company) stock at $20 per share. In August, she purchased an additional 400 shares at $25 per
share. In November, she purchased an additional 400 shares, but the stock declined to $23 per
share. What is the weighted mean price per share?

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estion 4 In June, an investor purchased 300 shares of Oracle (an inf.pdf

  • 1. estion 4: In June, an investor purchased 300 shares of Oracle (an information technology company) stock at $20 per share. In August, she purchased an additional 400 shares at $25 per share. In November, she purchased an additional 400 shares, but the stock declined to $23 per share. What is the weighted mean price per share?