The Initial Cost of Investing in Mutual Funds Depends in Part

question 207

Multiple Choice

The initial cost of investing in mutual funds depends in part on

• A) whether the fund is a load or no-load fund.
• B) the risk tolerance of the companies in the fund.
• C) the tax rate on capital gains.
• D) the imposition of government tariffs.

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Definitions:

Global Competition

Exists when firms originate, produce, and market their products and services worldwide.

Market Share

The percentage of total sales volume in a market captured by a brand, product, or company.

Domestically

Pertaining to or occurring within a country's borders; not foreign or international.

Worldwide

Pertains to activities or operations that are carried out on a global scale, affecting or involving people from all over the world.