The Stable Utility Fund Has an Offering Price of $54

question 19

Multiple Choice

The Stable Utility Fund has an offering price of $54.11 and an NAV of $52.48. What is the front-end load percentage?

• A)3.0%
• B)3.1%
• C)3.5%
• D)3.8%
• E)4.0%

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Definitions:

Supervisors

Individuals who have the authority and responsibility to oversee and direct the work of others in a workplace setting.

Adjusting

The process of adapting or changing one’s behavior, thoughts, or attitudes to better suit new conditions or environments.

Cope

The process of effectively dealing with something difficult or distressing, often involving adapting to circumstances or making adjustments.

Attitude

A settled way of thinking or feeling about something, often reflected in a person's behavior.