Question
About a year ago you have set up an automatic investment plan, where you invest $500 every quarter into a Total Stock Market Index
About a year ago you have set up an automatic investment plan, where you invest $500 every quarter into a Total Stock Market Index fund. The table below shows the historical price per share of the fund on your quarterly purchase dates. Quarter Price $33 $31 $32 $36 What is the market value of your position today, if the fund's share price is now $37? 1 2 3
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SOLUTION You invested 500 in Q1 when the price per share was ...Get Instant Access to Expert-Tailored Solutions
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