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pls show working Saved Assignment #6 i Problem 13-9 Using Dollar Cost Averaging [LO4] 3 Over a four-year period, Pat purchased shares in the Barreau
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Saved Assignment #6 i Problem 13-9 Using Dollar Cost Averaging [LO4] 3 Over a four-year period, Pat purchased shares in the Barreau du Quebec Canadian Equity Fund as recorded in the table below. Using the information below, provide your solution to the following questions. Investment Amount Year Price per Share 2018 $8,100 $58 per share 2019 $8,100 $43 per share 03:20:13 2020 $8,100 $34 per share 2021 $8,100 $50 per share References a. At the end of four years, what is the total amount invested? (Omit the "$" sign in your response.) Total amount invested $ b. At the end of four years, what is the total number of mutual fund shares purchased? (Round DOWN your intermediate calculations and final answer to the nearest whole share.) Total number of mutual fund shares c. At the end of four years, what is the average cost for each mutual fund share? (Round DOWN your intermediate calculations to the nearest whole share. Round your final answer to 2 decimal places. Omit the "$" sign in your response.) Average cost of each mutual fund share $ 3 points HelpStep by Step Solution
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