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Drat, and I thought I had done quite well in the explaination.

OK, it is in fact a mutual fund, I used the FIFO method when selling the shares. I know the price and date of each individual share purchased. The 'average' price I used was just for generalization to arrive at figures.

The initial purchase of 1628 shares was made at $13.51 ($22,000) and $400 per month to a total of $28,000 invested. The price of the 2130 shares purchaced ranged from a low of $10.59 to a high of $13.51. When I sold, at $12.67 a share, I had to sell 2210 shares to retrieve my original out of pocket $28,000. The 80 shares needed to make up the difference, were from the reinvestment (of dividends, LTCG and STCG) during the Oct 93-Jan 95 time frame.

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