Simu had purchased 2,000 units of Fancy income Fund (mutual fund) at $25,000. She received a total

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Simu had purchased 2,000 units of Fancy income Fund (mutual fund) at $25,000. She received a total of $11,125 in reinvested distributions over the five years she held his fund. Calculate the adjusted cost base of this fund.

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Posted Date: May 11, 2023 03:01 AM

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Simu had purchased 2,000 units of Fancy income Fund (mutual fund) at $25,000. She received a total

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adjusted cost base ACB of the Fancy Income Fund we need to tak... View the full answer

Microeconomics

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