An investor purchased an equity fund several years ago at a total cost of $5,000 and sold
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An investor purchased an equity fund several years ago at a total cost of $5,000 and sold it this year receiving $12,500 in total proceeds. During the holding period, capital gains distributions of $400.00 were reinvested in additional fund units. What is the investor's capital gain on the fund?
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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