You buy a no load mutual fund share at a NAV of $21.00 and sell it one

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You buy a no load mutual fund share at a NAV of $21.00 and sell it one year later at $20.50. You also received a capital gain distribution of $2.70 and a dividend distribution of $1.30.

What was your pre-tax HPR?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Oct 09, 2023 02:49 AM

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You buy a no load mutual fund share at a NAV of $21.00 and sell it one

Question:

Expert Answer:

To calculate your pretax Holding Period Return HPR you need to consider both the ... View the full answer

Income Tax Fundamentals 2013

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