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A stockbroker placed the following order for a customer: 50 shares of Kaiser Aluminum...

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Accounting

A stockbroker placed the following order for a customer:
50 shares of Kaiser Aluminum at $104 a share
100 shares of GTE at $25.25 a share
20 shares of Boston Edison at $9.125 a share
What is the weighted arithmetic mean price per share?
Multiple Choice
$25.25
$79.75
$103.50
$46.51
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