Contingent Deferred Sales Loads Generally

question 130

Multiple Choice

Contingent deferred sales loads generally:

• A)apply until the shares you own are in the fund for 10 years or more.
• B)apply regardless of how long your shares have been invested.
• C)increase as the length of time you have been in the fund increases.
• D)decline gradually until there is no withdrawal fee if you own the shares for more than five years.
• E)apply only for the first year funds are invested.

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Definitions:

Earphones

A set of small loudspeakers that fit directly in or over the ears for individual listening.

Microseconds

A unit of time equal to one millionth (10^-6) of a second.

Auditory Neurons

Specialized neurons that transmit sound information from the ear to the brain, allowing for hearing.

Loudness

The perception of how strong or intense a sound seems, which can be influenced by its amplitude and frequency.