Keith is a long-time stock investor and has a high net worth. In the past five (5) years, he has purchased stocks in Scotiabank because he believes it is a strong investment opportunity. He has come to you to get your opinion if now is the right time to sell his Scotiabank stock. In the past five (5) years, Keith has purchased $15,000 worth of Scotiabank stock at the following prices (assume he can buy partial shares): (7 points)

Year 1 - $75/share

Year 2 - $70/share

Year 3 - $68/share

Year 4 - $78/share

Year 5 - $80/share

Please calculate Keiths total investment in Scotiabank shares (1 point)

How many Scotiabank shares does Keith own? (2 points)

What was his average cost per share? (1 point)

What method of investing is Keith utilizing to purchase Scotiabank shares? (1 point)

If Scotiabank stock is currently trading at $75/share, is now a good time for him to sell? Why or why not? (2 points)