Stock A has a price of $75 per share and you own 300 shares. Stock B has a price of $240 per share and you own 50 shares.   What is the weighted average stock price in your portfolio? Round to 2 decimal places.

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
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Stock A has a price of $75 per share and you own 300 shares.

Stock B has a price of $240 per share and you own 50 shares.  

What is the weighted average stock price in your portfolio?

Round to 2 decimal places.

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