This question seems really dumb in my head but I have to ask.
If I bought 2500 shares for $10, my cost per share is $10. If I later sold 1000 shares for $30, but then bought them all back for $31. What would my cost per share be?
If you do the math it raises the cps to $22.4. But in my head, you really have the same number of shares for an additional $1000, which wouldn’t raise the cps by $12.4...
This is a dumb mistake I made recently (woops), can someone help me wrap my head around this?
Submitted January 04, 2018 at 04:04AM by Yellowbucklesareblue http://ift.tt/2CR51nE
