Solution-Computing the average cost per share

Computing the average cost per share

Reference no: EM132487881

You purchase $300 worth of the same stock every quarter for one year at prices per share of $15, $12, $10, and $20, respectively. By using this dollar-cost averaging strategy, you paid less overall than the average share price of $14.25. What was the average cost per share that you paid?

Reference no: EM132487881

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Computing the average cost per share

Reference no: EM132487881

Reference no: EM132487881

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