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Average entry price

Market makingEasy

A market maker buys units at and then units at . What is the volume-weighted average price paid per unit?

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A whole number, a decimal, a fraction like 3/8 or a percent.

Hint

Divide the total cost by the total number of units.

Solution
  1. The total cost is .
  2. The total quantity is units.
  3. The average price is .

Answer:

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