Question
Jason purchased a mutual fund at NAV of $30.00 and it was redeemed 8 months later at $35.00. During the time he owned the fund,
Jason purchased a mutual fund at NAV of $30.00 and it was redeemed 8 months later at $35.00. During the time he owned the fund, he received a capital gains distribution of $2.00/share. What is his holding period return?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
