Use the Following Information to Calculate the "Weighted Average Number

question 27

Multiple Choice

Use the following information to calculate the "weighted average number of ordinary shares outstanding" (WASO) ? $$\begin{array} { | l | r |} \hline \text { Ordinary shares, January 1,2013 } & 120,000 \\\hline \text { Shares issued, March 1, 2013 } & 60,000 \\\hline \text { Shares issued, Nov 1, 2013 } & 90,000 \\\hline\end{array}$$

• A)120,000
• B)165,000
• C)185,000
• D)270,000

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Definitions:

Expected Value

A calculated average of all possible values in a random variable, weighted by each value's probability of occurrence.

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A situation in which all participants have access to all relevant information without any restrictions.

Expected Monetary Value

This calculates the predicted value of a financial decision by weighing possible outcomes by their probabilities and summing the results.

Additional Information

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