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For four years, Marty Campbell invested $12,500 each year in Harley-Davidson. The stock was selling for $5 in 2011, $10 in 2012, $20 in 2013,
For four years, Marty Campbell invested $12,500 each year in Harley-Davidson. The stock was selling for $5 in 2011, $10 in 2012, $20 in 2013, and $25 in 2014. |
a. | What is Marty's total investment in Harley-Davidson? |
Total investment | $ |
b. | After four years, how many shares does Marty own? (Do not round intermediate calculations. Round your answer to the nearest whole number.) |
Number of shares |
c. | What is the average cost per share of Marty's investment? (Use the rounded number of shares computed in part b. Do not round intermediate calculations. Round your answer to 2 decimal places.) |
Average cost per share | $ |
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