# Question: over a fouryear period matt ewing purchased shares in the...

###### Question details

Over a four-year period, Matt Ewing purchased shares in the Oakmark I Fund. Use the following information: |

Year | Investment Amount | Price per Share |

2013 | $ 3,500 | $ 59 |

2014 | 3,500 | 37 |

2015 | 3,500 | 34 |

2016 | 3,500 | 48 |

(a) |
At the end of four years, what is the total amount invested? |

(b) |
At the end of four years, what is the total number of mutual
fund shares purchased? |

(c) |
At the end of four years, what is the average cost for each
mutual fund share? |