Your business team is employed by a financial services firm. One of your tasks is to execute transactions for your best client. The client is currently investing in the Drake mutual fund. The client has decided to purchase shares in the fund everyday instead of simply making a single large purchase. (This method of investing is sometimes called an "averaging" method since buying at several different times will mean that the price paid for the mutual fund will tend to be about the average price of the mutual fund over the time period. If the client purchased all her shares at once the client runs the risk of buying at the highest price which occurs during a period of time.) 1. The client owns 1000 shares of the Drake Fund at the start of business on Monday morning. The client calls your team and wants to know the value of her Drake Fund investment. You look at your workstation and see that Drake Fund is currently trading at $13.50 per share. What is the current value of the client's Drake Fund investment? 2. By the end of the trading day on Monday two things have happened: (1) the price of a share of the Drake Fund has fallen $0.25, and (2) You have purchased 100 more shares of the Drake Fund for your client. (Note: the first 1000 shares purchased at the beginning of the day have also dropped in their value based on the price drop) a. What is the value of the client's investment in the Drake Fund at the end of the day? b. What was the change in the value of the investment during the day