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Q: 1. For which of the following companies, average market price is highest?

(Average price = Average of high, low and current prices)
A. SLT B. WIP
C. SIF D. MAF
E. HFC

Answer and Explanation

Answer:SLT

Explanation:
Averaged marked price of
=> SLT = (138 + 460 + 120) / 3 = 718 / 3 = 239.33
=> WIP = (250 + 340 + 200) / 3 = 790 / 3 = 263.33
=> SIF = (320 + 1224.20 + 300) / 3 = 1844.20 / 3 = 614.73
=> MAF = (450 + 720 + 340) / 3 = 1510 / 3 = 503.33
=> HFC = (204 + 256 + 135 ) / 3 = 595 / 3 = 198.33

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