If a Mutual Fund Charges a Front-End Load of 3

question 106

Multiple Choice

If a mutual fund charges a front-end load of 3%, how much must the investor pay per unit if the NAVPS is $10.00?

• A)$9.70
• B)$10.00
• C)$10.16
• D)$10.31
• E)$13.00

---

Definitions:

Trade Disputes

Conflicts that arise between countries or businesses over aspects of trade, including tariffs, trade barriers, or disagreements on trade agreements.

AACSB

The Association to Advance Collegiate Schools of Business is an accreditation body for business schools worldwide, ensuring that member institutions meet rigorous standards of quality and improvement in business education.

Responsible Management

An approach to management that seeks to make business decisions considering ethical values, social responsibility, and environmental sustainability.

Business Schools

Educational institutions that specialize in teaching courses related to business administration, management, and operations.