12. For four years, Marty Campbell invested $4,000 each year in Harley-Davidson. The stock was selling for

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12. For four years, Marty Campbell invested $4,000 each year in Harley-Davidson. The stock was selling for $74 in 2014, $62 in 2015, $51 in 2016, and $59 in 2017. (LO12.5)

a. What is Marty’s total investment in Harley-Davidson?

b. After four years, how many shares does Marty own?

c. What is the average cost per share of Marty’s investment?

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Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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