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Which One of the Following Solutions Enable Business Outcomes in the Financial

question 63

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Which one of the following solutions enable business outcomes in the financial industry?


Definitions:

No-load Mutual Fund

A mutual fund that does not charge any type of sales load or commission to investors.

Expense Ratio

Expense Ratio is the annual fee that mutual funds, exchange-traded funds (ETFs), and other pooled investment products charge their shareholders, expressed as a percentage of assets under management.

Rate of Return

The profit or deficit experienced from an investment, represented as a percentage of the investment's starting price.

Multiple-class Shares

Stocks issued by a single company that have different rights, dividends, or voting powers, typically designated as Class A, Class B, etc.

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