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You set up an automatic investment plan in Montana Mutual Fund, investing $500 per month. Based on the following NAVs, calculate A. the average NAV

You set up an automatic investment plan in Montana Mutual Fund, investing $500 per month. Based on the following NAVs, calculate

A. the average NAV over the period

B. your # shares purchased

C. the average price you paid for the shares

D. your HPR if you sell at the end of 6 months.

E. Recalculate your HPR if you had just bought the same number of shares each month.

Month NAV

Jan 32

Feb 33

March 38

April 48

May 39

June 55

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