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Complete the dollar cost averaging grid based on 6 quarterly stock purchases of $500 each. Pric...

  1. Complete the dollar cost averaging grid based on 6 quarterly stock purchases of $500 each.

Price      Amt invested: # of shares purchased: Total shares owned:    Market Value:

   Qtr 1    $50    ? ?    ? ?

Qtr 2      $56 ? ? ?    ?

Qtr 3      $46 ?    ? ? ?

Qtr 4      $48 ?    ? ?    ?

Qtr 5      $52    ?    ?    ?    ?

Qtr 6      $54 ?    ? ?    ?

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Answer #1
Price Amount Invested # of shares purchased Total shares owned Market Value
Qtr 1 50 500 10 10 500
Qtr 2 56 500 8.928571429 18.92857143 1060
Qtr 3 46 500 10.86956522 29.79813665 1370.714286
Qtr 4 48 500 10.41666667 40.21480331 1930.310559
Qtr 5 52 500 9.615384615 49.83018793 2591.169772
Qtr 6 54 500 9.259259259 59.08944719 3190.830148
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