When You Sell Your Shares in a Mutual Fund, You

question 78

Multiple Choice

When you sell your shares in a mutual fund, you may receive a profit that results from an increase in value called

• A) Capital gain distribution.
• B) Income dividend.
• C) Capital gain.
• D) Mutual fund money.
• E) Fund taxes.

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Definitions:

Grades

A system of evaluating or ranking academic performance, typically represented by letters or numbers.

Anticipate Consequences

The act of predicting and considering potential outcomes of actions or decisions.

Problem Solving

Moving from the point at which we initially realize that we have a difficulty which requires our attention to that point where we regard the difficulty as being sufficiently resolved for the current time and circumstances.

Expectations

Beliefs or anticipations about the way something should be or how future events will unfold.