Series 66: Average Cost Basis

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Average Cost Basis ...

in the context of mutual fund holdings, a means of determining an investment’s cost basis, in which the total amount invested (including reinvested dividends and capital gains) is divided by the number of shares purchased.

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Hi Jeremy & Karen, I just passed my 66 today! I'm so thrilled! I had an interruption of my studies a few weeks back due to some distracting issues, but I got back on track, focused hard on the book, the practice quizzes and exams, and I made it! I'm a true believer in the value of your study materials. I'd recommend your firm's materials to anyone that wants to pass the first time they take these really challenging exams. Now I've got my Series 7 and my Series 66, and I did it with the terrific support of this Exam Prep. Thank you for these great study materials.

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Series 66: Average Cost Basis

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Average Cost Basis ...

Since you're reading about Series 66: Average Cost Basis , you might also be interested in:

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