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Description: Suppose that you have bought a total of 3200 shares of a stock of a particular company. You bought 1400 shares of stock at $17 per share 700 shares of stock at $12 per share and the remaining shares at $22 per share. What is the average price you pai

Mathematics For Machine Technology

8th Edition

ISBN:9781337798310

Author:Peterson, John.

Publisher:Peterson, John.

Chapter24: Percent Practical Applications

Section: Chapter Questions

Problem 36A: The cost of one dozen cutters is listed as $525. A multiple discount of 12% and 8% is applied to the...

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Suppose that you have bought a total of 3200 shares of a stock of a particular company. You bought 1400 shares of stock at $17 per share 700 shares of stock at $12 per share and the remaining shares at $22 per share. What is the average price you paid per share of stock?

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