On december 1 you buy a mutual fund share for 100 on, Ask an Expert

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On December 1, you buy a mutual fund share for $100. On December 7 the fund pays out realized capital gains for the year of $25 per share. The shares sold during the year may have been purchased many years ago but distributions are made to whoever owns mutual fund shares at the time of the distribution.

NAV falls to _______

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92170274

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