Which of the following is true for dollar cost averaging?
A) It allows us to purchase an unequal dollar amount of the same stock at equal time
intervals.
B) It allows us to purchase an equal dollar amount of the same stock at equal time intervals.
C) It allows us to purchase an unequal dollar amount of a different stock at equal time
intervals.
D) It allows us to purchase an equal dollar amount of a different stock at equal time intervals.
Answer: B) It allows us to purchase an equal dollar amount of the same stock at equal time intervals.
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