Calculate the base of the entire investment

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Question: An investor made the following investments over 6 months. Each purchase was for $1000.00. Include fractional shares. Calculate the base of the entire investment (Fill out the table below - dollar cost averaging). What is the overall average price paid for all the stock over 6 months?

Date Purchase price per share Shares purchased Amt spent on the stock  Average price of all shares
1/5/2008 $10.00 100.00 $1,000.00 $10.00
2/5/2008 $11.00 90.91 $1,000.00  
3/5/2008 $12.00 83.33 $1,000.00  
4/5/2008 $13.00 76.92 $1,000.00  
5/5/2008 $14.00 71.43 $1,000.00  
6/5/2008 $12.50 80.00 $1,000.00  

Reference no: EM133378935

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