A Back-End Load Fund Will Likely Have an Initial Cost

question 30

Multiple Choice

A back-end load fund will likely have an initial cost of

• A) the NAV less the load.
• B) the NAV plus the 12b-1 fees.
• C) the NAV plus the back-end load
• D) the NAV.

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Industrial Regulation

A set of government rules and guidelines aimed at controlling the activities, standards, and behaviors within specific industries to protect public interests.

Celler-Kefauver Act

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