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Statement of a problem № m557

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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?

Solution:
In June, an investor purchased 300 shares of Oracle (an information technology c

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