Question
On 1st January 2020, Hareez's portfolio of 15 common stocks had a market value of RM268,000. At the end of July 2020, Hareez sold one
On 1st January 2020, Hareez's portfolio of 15 common stocks had a market value of RM268,000. At the end of July 2020, Hareez sold one of the stocks, which had a beginning-of-year value of RM27,700, for RM29,500. P. The proceeds from sale were withdrawn and no other new funds invested in the portfolio during the year. He B. received total dividends from stocks in his portfolio of RM11,300 during the year. On 31st December 2020, 4. Hareez's portfolio had a market value of RM265,000. Find the Dividend/interest received, Realized capital gain, Unrealized capital gain (loss), Initial investment New funds and Withdrawn funds on Hareez's portfolio during the year ended December 31, 2020.
[Note: Measure the amount of withdrawn funds at the beginning-of-year value]
[Total: 10 marks]
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