To minimize risk, you've decided to invest your IRA money in a low cost index fund called
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Question:
To minimize risk, you've decided to invest your IRA money in a low cost index fund called Einstein's Index Fund 500 (EIF). You've decided you can afford to invest $200 per month, and your account is set to automatically buy $200 worth of shares on or near the 15th of every month. Your first contribution is on Jan 15. Answer the following questions:
On Feb 15, if EIF costs $40/share...
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Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Posted Date: