A Stockbroker Placed the Following Order for a Customer

question 58

Multiple Choice

A stockbroker placed the following order for a customer:
-50 shares of Kaiser Aluminum preferred at $104 a share
-100 shares of GTE preferred at $25 1/4 a share
-20 shares of Boston Edison preferred at $9 1/8 a share
What is the weighted arithmetic mean price per share?

• A) $25.25
• B) $79.75
• C) $103.50
• D) $42.75
• E) Weighted mean cannot be computed for this data set.

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Definitions:

Union Density

The percentage of workers in a sector or country who are members of a labor union.

Labor Market Conditions

The dynamics and characteristics of the labor market, including employment rates, labor demand and supply, wage levels, and the skills required for jobs, affecting both workers and employers.

Mexican Labor Laws

Regulations governing labor relations, workers' rights, and employment standards in Mexico, they aim to protect workers' rights and ensure fair working conditions.

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Implemented or applied with strong effort or determination, often referring to laws, rules, or policies.