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Author Question: Net asset values at the end of each month for the no-load Currier & Ives fund are shown below. Holly ... (Read 52 times)

rubiosusy7

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Question 1

Dollar-cost averaging plans and constant-dollar plans are both formula approaches to portfolio management. Briefly explain the two plans.

Question 2

Net asset values at the end of each month for the no-load Currier & Ives fund are shown below.  Holly Tannenbaum invests $500 in the fund each month through an automatic investment plan.  Compute:
a.  the number of shares purchased each month
b.  the number of shares she owns at the end of December
c.  the average price of the shares over the period
d.  the average price per share paid by Holly

MonthNAV end of monthShares purchased
July 12.85
August 11.08
September 9.99
October 9.85
November 13.55
December 12.21
 


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Marked as best answer by rubiosusy7 on Mar 29, 2022

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rubiosusy7

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Reply 2 on: Mar 29, 2022
Excellent


jojobee318

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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