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How do you find the price of each share if 700 shares of stock are sold for $55.00 ?

  • Math -

    Are you sure you've copied this problem correctly?

    55/700 = $0.08 per share

  • Math -

    More precisely -- the price of each share is $0.0785713

  • Math -

    Yes, I copied it correctly. I was wondering too.
    Thank you for your help

  • Math -

    "Penny stock"

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