In June, an investor purchased 400 shares of Oracle (an information technology company) stock at $65 per share. In August, she purchased an additional 330 shares at $90 per share. In November, she purchased an additional 330 shares at $80. What is the weighted mean price per share? Note: Round your answer to 2 decimal places. Weighted mean price $ 77.45 per share

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In June, an investor purchased 400 shares of Oracle (an information technology company) stock at $65 per share. In August, she
purchased an additional 330 shares at $90 per share. In November, she purchased an additional 330 shares at $80. What is the
weighted mean price per share?
Note: Round your answer to 2 decimal places.
Weighted mean price
$
77.45 per share
Transcribed Image Text:In June, an investor purchased 400 shares of Oracle (an information technology company) stock at $65 per share. In August, she purchased an additional 330 shares at $90 per share. In November, she purchased an additional 330 shares at $80. What is the weighted mean price per share? Note: Round your answer to 2 decimal places. Weighted mean price $ 77.45 per share
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