Over a four-year period, Matt Ewing purchased shares in the ClearBridge Large-Cap Value Fund. Use the...
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Over a four-year period, Matt Ewing purchased shares in the ClearBridge Large-Cap Value Fund. Use the following information: Investment Amount $ 3,500 3,500 3,500 3,500 Year 2018 2019 2020 2021 Price per Share $ 37 per share 45 per share 42 per share 44 per share a. At the end of four years, what is the total amount invested? b. At the end of four years, what is the total number of mutual fund shares purchased? Note: Round your intermediate calculations and answer to 1 decimal place. c. At the end of four years, what is the average cost for each mutual fund share? Note: Round your intermediate calculations 4 decimal places and answer to 2 decimal places. Over a four-year period, Matt Ewing purchased shares in the ClearBridge Large-Cap Value Fund. Use the following information: Investment Amount $ 3,500 3,500 3,500 3,500 Year 2018 2019 2020 2021 Price per Share $ 37 per share 45 per share 42 per share 44 per share a. At the end of four years, what is the total amount invested? b. At the end of four years, what is the total number of mutual fund shares purchased? Note: Round your intermediate calculations and answer to 1 decimal place. c. At the end of four years, what is the average cost for each mutual fund share? Note: Round your intermediate calculations 4 decimal places and answer to 2 decimal places.
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Auditing A Practical Approach
ISBN: 9780730382645
4th Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
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