Melanie Davis Is Getting Ready to Purchase Shares in a Mutual

question 137

Multiple Choice

Melanie Davis is getting ready to purchase shares in a mutual fund.The fund will charge her a one-time back-end load fee only if she redeems her shares within a stated period of time (usually 5 years) .What type of shares is she buying?

• A)Class A
• B)Class B
• C)Class C
• D)Either class A or B
• E)Either class B or C

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Definitions:

Agoraphobia

An anxiety disorder characterized by the intense fear of places or situations where escape might be difficult or help may not be available.

Panic Attack

An abrupt onset of intense fear or discomfort, marked by physical and psychological symptoms like rapid heartbeat and feelings of unreality or detachment.

Hyperventilate

To breathe more rapidly and deeply than is necessary for normal levels of oxygen, which can result in dizziness, light-headedness, or fainting.

Anxiety

An emotion of stress and anxiety caused by an event whose result is not yet known.