Solved

A Price Weighted Average Consists of Three Stocks

Question 43

Multiple Choice

A price weighted average consists of three stocks. On day one their prices are: A at $25, B at $18, C at $30. On day two the prices are: A at $27, B at $16, C at $11, but C had a 3 for 1 split. The averages for the two days are


A) 26.67, 15.56.
B) 24.33, 25.33.
C) 26.67, 25.33
D) 24.33, 18.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents