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Over the past two years, Jonas Cone has used a dollar-cost averaging formula to purchase $300 worth of FCI common stock each month. The price

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Over the past two years, Jonas Cone has used a dollar-cost averaging formula to purchase $300 worth of FCI common stock each month. The price per share paid each month over the two years is given in the following table. Assume that Jonas paid no brokerage commissions on these transactions. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Price per Share of FCI Month Year 1 Year 2 January $11.27 $11.97 February 11.79 11.88 March 11.61 11.68 April 10.58 11.91 May 11.77 11.56 June 11.55 12.45 a. The amount of Jonas's total investment over the 2-year period is $ (Round to the nearest dollar) IV. HU May 11.77 11.56 June 11.55 12.45 July 12.49 13.46 August 12.12 12.57 September 12.54 13.35 October 12.69 12.97 November 12.49 13.95 December 11.01 13.37 a. How much was Jonas's total investment over the two-year period? b. How many shares did Jonas purchase over the two-year period? c. Use your findings in parts a and b to calculate Jonas's average cost per share of FCI. d. What was the value of Jonas's holdings in FCI at the end of the second year? a. The amount of Jonas's total investment over the 2-year period is $. (Round to the nearest dollar.)

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