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Rena purchased 300 shares of an equity mutual fund
Rena purchased 300 shares of an equity mutual fund. During the year she received ?$3 per share in dividend? distributions, ?$2 in capital gain? distributions, and capital gains of ?$1,300 when she sold the stock after owning it eight months. What are the tax consequences of? Rena's ownership of this equity? fund? Rena is in a 26?% marginal tax bracket.
The federal tax consequences of? Rena's ownership of this stock fund are ?$---------------------
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