Emily bought 2,000 shares of FMI Fund at an NAVPS of $14.59 with a front-end load of
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Question:
Emily bought 2,000 shares of FMI Fund at an NAVPS of $14.59 with a front-end load of 3%. The fund paid and reinvested a distribution of $1.17 per share.
What is her total adjusted cost base?
Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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