Table:
| Fiscal Quarter | High Sale | Low Sale |
| --- | --- | --- |
| 2019 |  |  |
| First Quarter | $8.95 | $7.30 |
| Second Quarter | 11.38 | 7.80 |
| Third Quarter | 13.38 | 9.60 |
| Fourth Quarter | 13.52 | 10.80 |
| 2018 |  |  |
| First Quarter | $10.76 | $ 7.91 |
| Second Quarter | 10.00 | 7.53 |
| Third Quarter | 9.94 | 8.66 |
| Fourth Quarter | 10.59 | 8.55 |
Paragraphs:
MARKET PRICES OF COMMON STOCK
The common stock of the Company is listed on the NASDAQ Global Market under the symbol “FEIM.”
Question:
What is the average quarterly high sale price for 2019?
Answer: (8.95+11.38+13.38+13.52)/4 = 11.81