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A certain company is currently listed at Dar es Salaam Stock Exchange ( DSE ) , with its market capitalization value standing at approximately TZS
A certain company is currently listed at Dar es Salaam Stock Exchange DSE with its market capitalization value standing at approximately TZS Trillion. Its share prices at the end of the last ten successive months were: TZS ; TZS ; TZS ; TZS ; TZS ; TZS TZS TZS TZS and TZS
Required:
a Compute the average end of month price of the shares. Marks
b Establish how many shares could be bought with TZS at the average price. Marks
c What is the resulting shareholding worth at the end of the tenmonth period?
Marks
d Suppose that an investor spread the TZS investment evenly over the ten months in order to benefit from TZS cost averaging ie investing TZS
at the end of each month Establish how many shares were bought.
Marks
e What was the average price of the shares bought? Marks
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