chap. 16. q.4

Over a four-year period, Matt Ewing purchased shares in the Oakmark I Fund. Use the following information Year 2016 2017 2018 2019 Investment Amount $ 8,500 3,500 8,500 8,500 Price per Share 5.00 per share 38 per share 31 per share 46 per share (a) At the end of four years, what is the total amount invested? Total amount invested (b) At the end of four years, what is the total number of mutual fund shares purchased? (Round your intermediate calculations and answer to 4 decimal places.) elook Total number of mutual fund shares Print forences be Herences (c) At the end of four years, what is the average cost for each mutual fund stare (Round your intermediate calculations to 4 decimal places and answer to 2 decimal places) Average cost of each mutual fund share