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Vicky invests in a variety of mutual funds. On December 5th he purchased 10,000 shares, outside his RRSP, in a no-load mutual fund that had

Vicky invests in a variety of mutual funds. On December 5th he purchased 10,000 shares, outside his RRSP, in a no-load mutual fund that had a current net asset value per share of $12. On December 15th the fund paid out capital gains of $2 per share. If Vicky has a marginal tax rate of 50%, what amount of income tax will he pay on his capital gain?

a)$5,000

b)$10,000

c)$6,667

d)$0

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