If Rebecca's Mutual Fund Has a Sales Charge Schedule Saying

question 36

Multiple Choice

If Rebecca's mutual fund has a sales charge schedule saying that if the fund is sold within the first year,the sales charge is 6 percent and if it is sold in the third year,the sales charge becomes 4.5 percent,Rebecca's mutual fund has a

• A)low load.
• B)discount-fee.
• C)broker commission.
• D)declining redemption schedule.

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