Mutual Fund Shares That Are Offered for Sale at the NAV

question 37

Multiple Choice

Mutual fund shares that are offered for sale at the NAV without a front-end load, but which charge a combination of 12b-1 fees and a back-end load, and whose back-end load typically remains in effect for 6 to 8 years, are

• A)Class A shares.
• B)Class B shares.
• C)Class C shares.
• D)Class D shares.
• E)either Class A or Class C shares.

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Definitions:

Charismatic Leadership

A leadership style in which the leader inspires and motivates followers through their personal charm, persuasion, and dynamic personality.

Crisis Situations

Events or circumstances that pose serious threats to the stability or functioning of an organization or community, requiring immediate attention.

Charisma

A compelling attractiveness or charm that can inspire devotion in others, often used to describe individuals with magnetic personalities and leadership qualities.

Influence

is the capacity or power of persons or things to be a compelling force on or produce effects on the actions, behavior, opinions, etc., of others.