During a period of decline in stock market prices a stock sold at $. 50 per share on one day $. 40 on the next day and $. 25 on the third. (i) If an investor bought 100, 120 and 180 shares on the respective three days, find the average price paid per share. (ii) If the investor bought $. 1000 worth of shares on each of the three days, find the average price paid per share.
During a period of decline in stock market prices a stock sold at $. 50 per share on one day $. 40 on the next day and $. 25 on the third. (i) If an investor bought 100, 120 and 180 shares on the respective three days, find the average price paid per share. (ii) If the investor bought $. 1000 worth of shares on each of the three days, find the average price paid per share.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 1P
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![During a period of decline in stock market prices a stock sold at $. 50 per share on one day $. 40 on
the next day and $. 25 on the third.
(i)
If an investor bought 100, 120 and 180 shares on the respective three days, find the
average price paid per share.
(ii)
If the investor bought $. 1000 worth of shares on each of the three days, find the average
price paid per share.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F98330096-8b72-420d-9784-3761d14b2fac%2F4c5e3780-1222-46c3-8609-38f5fd161f44%2Fj535lh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:During a period of decline in stock market prices a stock sold at $. 50 per share on one day $. 40 on
the next day and $. 25 on the third.
(i)
If an investor bought 100, 120 and 180 shares on the respective three days, find the
average price paid per share.
(ii)
If the investor bought $. 1000 worth of shares on each of the three days, find the average
price paid per share.
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