The 12b-1 Plan Permits Funds to Deduct as Much as ____

question 66

Multiple Choice

The 12b-1 plan permits funds to deduct as much as ____ percent of average net asset per year to cover distribution costs, brokers' commissions, and general marketing expenses.

• A) 0.25
• B) 0.50
• C) 0.75
• D) 1.00
• E) 1.50

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Definitions:

Balance Of Payments

An accounting record of all monetary transactions between a country and the rest of the world over a specific time period.

Hypothetical Data

Information or numbers that are assumed or simulated for the purpose of analysis or discussion.

Remittances

Money sent by individuals working abroad to their family or others in their home country.

Dollar Price

The cost or valuation of a good, service, or asset denominated in U.S. dollars.