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Reflect the capital gains and losses

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Reference no: EM132293099

An investor purchases 200 shares in a mutual fund on January 1, 2013, for 60 dollars each. The fund makes capital gains in 2013 and 2014 of 6 dollars per share and 2 dollars per share, respectively, and earns no dividends. The investor sells the shares in 2015 at 64 dollars per share. What capital gains or losses does the investor deem to have made in 2013, 2014, and 2015?

Hint: To avoid double counting, the purchase price is adjusted to reflect the capital gains and losses that have already accrued to the investor.

Reference no: EM132293099

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