June 1997 exam - University of Manitoba
Actual amount of dividends 400. Taxable amount of dividends 500. Mr. Rich had invested $20,000 in the Dumark Fund in 1995. This resulted in the purchase of 1,640.824 units of the fund. In 1995, income of $46.31 was allocated to his account and reinvested. The reinvestment resulted in the purchase of 3.845 units at the market value of $12.044 ... ................
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