A(n) ____ is a systematic program where an investor agrees to invest a specific dollar amount periodically over a long time.
A)asset allocation
B)dollar-cost averaging plan
C)accumulation plan
D)active investment plan

Question

Quizplus · Accepted Answer

A dollar-cost averaging plan is a systematic program where an investor agrees to invest a specific dollar amount periodically over a long time. This type of plan helps investors avoid the risk of investing a lump sum of money at the wrong time and can lead to a lower average cost per share over time.

A(n) ____ Is a Systematic Program Where an Investor Agrees