12. Over the past year, an investor bought common stock of Corporation A on three occasions at the following prices. Date Price Per Share 19.58 24.06 29.54 Number of Shares January July December Calculate the average price per share at which the investor bought these shares. 70 80 50

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12. Over the past year, an investor bought common stock of Corporation A on three occasions at the following prices.
Date
January
July
Price Per Share
19.58
24.06
29.54
Number of Shares
70
80
50
December
Calculate the average price per share at which the investor bought these shares.
Transcribed Image Text:12. Over the past year, an investor bought common stock of Corporation A on three occasions at the following prices. Date January July Price Per Share 19.58 24.06 29.54 Number of Shares 70 80 50 December Calculate the average price per share at which the investor bought these shares.
Expert Solution
Step 1

Given data:

Price per share Number of shares
19.58 70
24.06 80
29.54 50

 

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