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Jill has invested in her growth mutual fund regularly over the last several years.Prices have generally increased, and all distributions have automatically been reinvested. About
Jill has invested in her growth mutual fund regularly over the last several years.Prices have generally increased, and all distributions have automatically been reinvested. About 15 months ago, Jill stopped investing since she had surpassed her goal. Jill now wants to convert a portion of her investment to cash and pay the least taxes. What is the cost method that will minimize her gain? because these are mutual fund shares, the mutual fund pays taxes instead of the individual investor the methods in A, B, and C will provide the same cost basis average cost method Last in, first out (LIFO) method First in, last out (FILO) method
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