Stock A has a price of $60 per share and you own 360 shares. Stock B has a price of $250 per share and you own 65 shares.   What is the weighted average stock price in your portfolio?

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter31: Capital Markets
Section: Chapter Questions
Problem 11E
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Stock A has a price of $60 per share and you own 360 shares.

Stock B has a price of $250 per share and you own 65 shares.  

What is the weighted average stock price in your portfolio?

Round to 2 decimal places and do not include the dollar sign.  

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