Emily bought 2,000 shares of FMI Fund at an NAVPS of $14.59 with a front-end load of

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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?

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Posted Date: Apr 27, 2024 06:25 AM

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Emily bought 2,000 shares of FMI Fund at an NAVPS of $14.59 with a front-end load of

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To calculate Emilys total adjusted cost base we need to consider the followi... View the full answer

Fundamentals of Investing

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