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Over a four-year period, Matt Ewing purchased shares in the ClearBridge Large-Cap Value Fund. Use the following information: Year Investment Amount 2018 $ 4,000
Over a four-year period, Matt Ewing purchased shares in the ClearBridge Large-Cap Value Fund. Use the following information: Year Investment Amount 2018 $ 4,000 2019 2020 2021 4,000 4,000 4,000 Price per Share $ 47 per share 55 per share 52 per share 54 per share a. At the end of four years, what is the total amount invested? b. At the end of four years, what is the total number of mutual fund shares purchased? Note: Round your intermediate calculations and answer to 1 decimal place. c. At the end of four years, what is the average cost for each mutual fund share? Note: Round your intermediate calculations 4 decimal places and answer to 2 decimal places. a. Total amount invested b. Total number of mutual fund shares c. Average cost of each mutual fund share
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