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A mutual fund has a turnover of 25% and a potential capital gains exposure (PCGE) of 75%. You are considering buying this fund in a

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A mutual fund has a turnover of 25% and a potential capital gains exposure (PCGE) of 75%. You are considering buying this fund in a taxable account. Which of the following is an accurate statement? You should be concemed about the PCGE, but the low turnover mutes the potential tax risk. You would be more concemned if this asset were being considered for an IRA account O You should only be concerned if the PCGE represents long-term capital gains. You do not need to be concerned about the PCGE because this fund is held in a taxable account

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