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Score P13.17 (similar to) Question Help Over the past 2 years, Jonas Cone has used a dollar-cost averaging formula to purchase $375 worth of FCI

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Score P13.17 (similar to) Question Help Over the past 2 years, Jonas Cone has used a dollar-cost averaging formula to purchase $375 worth of FCI common stock each month. The price per share paid each month over the 2 years is given in the following table. Assume that Jonas pald no brokerage commissions on these transactions. (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet.) Price per Share of FCI Month Year 1 Year 2 January $11.75 $11.37 February 11.13 12.09 March 11 34 11 April 1069 12 28 May 11.69 1163 June 12.44 1288 July 12 26 13.36 . The amount of Jonas's total investment over the 2-year period is $ | (Round to the nearest dollar) n Fnter pour answer in the answer box and then click Check Answer May June July August September October November December 11.69 12.44 12.26 12.32 12.92 12.78 11.69 11.43 11.63 12.88 13.36 13.45 13.04 13.27 13.05 13.27 a. How much was Jonas's total investment over the 2-year period? b. How many shares did Jonas purchase over the 2-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.) n

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