For four years, Marty Campbell invested $4,000 each year in Newsome Golf Apparel. The stock was selling

Question:

For four years, Marty Campbell invested $4,000 each year in Newsome Golf Apparel. The stock was selling for $32 in 2006, $45 in 2007, $35 in 2008, and $50 in 2009. (Obj. 5)

a. What is Marty’s total investment in Newsome Golf ?

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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