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If You Bought Stock Using Dollar Cost Averaging as Listed

Question 80

Multiple Choice

If you bought stock using dollar cost averaging as listed here, what was your average cost?  June 15 $501.75 shares  July 15 $501.65 shares  August 15 $502.00 shares \begin{array} { l r l } \text { June 15 } & \$ 50 & 1.75 \text { shares } \\\text { July 15 } & \$ 50 & 1.65 \text { shares } \\\text { August 15 } & \$ 50 & 2.00 \text { shares }\end{array}


A) $27.50
B) $27.78
C) $27.96
D) $28.57
E) $30.00

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