A long-term technique used by investors who purchase an equal dollar amount of the same stock at equal intervals in time is called a
A)dollar cost averaging.
B)dividend reinvestment plan.
C)buy and hold technique.
D)regulated transaction.
E)secured transaction.

Question

Quizplus · Accepted Answer

The given technique in which an equal dollar amount of the same stock is purchased at equal intervals in time is called dollar cost averaging. This helps investors to mitigate the impact of market volatility and get an average cost of the investment over time.

A Long-Term Technique Used by Investors Who Purchase an Equal