Question: Over the past two yoars. Jonas Cone has used a dollar-cost averaging formula to purchase $375 worth of FCI common stock each month. The price
Over the past two yoars. 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 two years is given in the following thbile. Assume that Jonas poid no brokerage commissions on these transactions, (Click on the icon here o in order fo copy the contents of the data table below into a spreadsheet) a. The amount of Jonas's total investment over the 2 -year period is 5 (Round to the nearest dollac.) b. The number of shares Jonas purchased over the 2 year period is (fround to one decimal place) c. Joras's average cost per share of FCl is ? (Round to the nearest cont) d. The value of Jonas's holdings in FCl at the end of the second year is ? (Round to the nearest cent)
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