Ch 12 - 3 Please Help

Assume an investor made a lump-sum $988 purchase on the first day of the year as shown in the following table: a. Use the information provided to fill in the blanks. cost averaging or lump-sum investing produced the greater return? a. If $988 was invested when the stock price was $26, the number of shares purchased in Quarter 1 are shares. (Round to three decimal places.) The number of shares purchased in Quarters 2, 3, and 4 was shares. (Round to the nearest whole number.) The amount of Total Shares Owned at the end of Quarter 1 is shares. (Round to three decimal places.) The amount of Total Shares Owned at the end of Quarter 2 is shares. (Round to three decimal places.) The amount of Total Shares Owned at the end of Quarter 3 is shares. (Round to three decimal places.) The amount of Total Shares Owned at the end of Quarter 4 is shares. (Round to three decimal places.) The Market Value at the end of Quarter 1 is $. (Round to the nearest cent.) The Market Value at the end of Quarter 2 is $ (Round to the nearest cent.) The Market Value at the end of Quarter 3 is $ (Round to the nearest cent.) The Market Value at the end of Quarter 4 is $. (Round to the nearest cent.) higher than the beginning and ending price. than the beginning and ending price. Data table (Click on the following icon in order to copy its contents into a spreadsheet.)