Stock Purchases On February 3, 2010, Microsoft stock sold for $28.50 per share, Intel

Chapter 3, Problem 27

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Stock Purchases On February 3, 2010, Microsoft stock sold for $28.50 per share, Intel for $19.50 per share, and Dell for $13.30 per share. At these prices, Juanita, Debbie, and Dawn each purchased shares in these three companies as shown in the table. Microsoft Intel Dell Juanita 20 30 10 Debbie 15 25 20 Dawn 10 20 25 (a) Express the price per share of each stock on February 3, 2010, as a matrix A. Be sure to label the row and columns. (b) Express the shares purchased of the three stocks by the three investors as a matrix B. Be sure to label the rows and columns so you can answer part (c). (c) Find AB and interpret the entries.

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