Need help with an Excel formula…I think.
Have purchased 4 lots of a stock in varying quantities and price. I think 2 lots were purchased higher than the bounce back will ever reach. I think 2 were purchased lower.
The price of that stock has substantially tanked (shock, I know!) so I want to figure out how much more to purchase to perhaps break even.
A. I think I need a weighted average formula??
B. Am I a complete idiot?
Thanks for your help and hopefully not too harsh judgement…
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