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An investor purchases $ 2 5 , 0 0 0 in mutual fund units on January 1 st . On April 1 st , he
An investor purchases $ in mutual fund units on January st On April st he receives $ in dividends and reinvests them in additional units. On July st he purchases an additional $ in units. As of September st he holds a total of units. If he redeems units at a price of $ on September nd and assuming no other transactions have occurred, what is the book cost value of the remaining units? Question options: $ $ $ $
An investor purchases $ in mutual fund units on January st On April st he receives $ in dividends and reinvests them in additional units. On July st he purchases an additional $ in units. As of September st he holds a total of units. If he redeems units at a price of $ on September nd and assuming no other transactions have occurred, what is the book cost value of the remaining units?
Question options:
$
$
$
$
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