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Business, 25.10.2019 04:43 hiene

7. tax consequences. ronnie owns 600 shares of a stock mutual fund. this year he received dividend distributions of 60 stock mutual fund shares ($40 per share) and long-term capital gain distribu-tions of 45 stock mutual fund shares (also $40 per share). what are the tax consequences of ronnie’s stock mutual fund ownership if he is in a 25% mar-ginal tax bracket?

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