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When an investor buys an asset to be kept for at least a year, the net cost is the reduction in what the investor can
When an investor buys an asset to be kept for at least a year, the net cost is the reduction in what the investor can spend without reducing other wealth. For investments in some types of retirement accounts, the net cost of buying an asset is less than what the investor pays for the asset. Give an example of that type of retirement account and explain why and how the investor's net cost differs from the amount the investor pays for the asset
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