What amount of income tax will be paid on the capital gains, Finance Basics

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What amount of income tax will be paid on the capital gains

Problem

Dalton invests in a variety of mutual funds on December 5 to purchase 10,000 shares outside his RSP in a non-load mutual fund that had a current net investment value per share of $12 on December 15. The fund had capital gains of two dollars per share if Dalton has a marginal tax rate of 50% what amount of income tax will be paid on the capital gains.

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