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a) Lena bought 500 shares, of an equity mutual fund. During the year she received $5 per share in dividend distributions, $5 Per share in

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a) Lena bought 500 shares, of an equity mutual fund. During the year she received $5 per share in dividend distributions, $5 Per share in capital gains, $2000 in capital gains, when she sold 150 shares of the fund. How much tax will she pay for owning this equity mutual fund (marginal tax rate is 20%). b) Lena bought $20,000 in a mutual fund with a load fee of 5%. The mutual fund has a MER of $2.50 per share. The NAVPS of the mutual fund is $100. Two years later Lena sold the fund when the NAVPS reached $150. What is Lena's return after selling this mutual fund? c) List five factors you should consider when choosing a mutual fund

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