What is the dollar cost average price over a 6 month period


What is the dollar cost average price over a 6 month period given the following information? Annual Gross Salary = $50,000 Month 1, 2, 3 Annual Contribution Rate as a % of Gross Salary = 3.00% Month 4, 5, 6 Annual Contribution Rate as a % of Gross Salary = 4.50% * Monthly contributions are used to purchase a security based on the below prices. Security Prices Month Price 1 27.45 2 27.34 3 28.00 4 28.60 5 30.00 6 22.90.

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Financial Management: What is the dollar cost average price over a 6 month period
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