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?

Answer rating: 100% (QA)

The investors capital gain on the fund can be calculated by considering the followin... View the full answer