Under dollar-cost averaging,the investor buys a:

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Under dollar-cost averaging, the investor buys a fixed dollar's worth of a given security regardless of the security's price or the current market outlook. This strategy helps to reduce the impact of volatility in the market because the investor is buying at regular intervals, regardless of the market conditions. It can also help to take advantage of market downturns by allowing the investor to buy more shares at a lower price.

Under Dollar-Cost Averaging,the Investor Buys A