A Contingent Deferred Sales Load, Which Is a Charge That

question 104

Multiple Choice

A contingent deferred sales load, which is a charge that shareholders pay when they withdraw their investment from a mutual fund, can be as low as 1 percent and as high as ___ depending on how long you own the mutual fund before making a withdrawal.

• A) 3 percent
• B) 5 percent
• C) 7 percent
• D) 10 percent
• E) 15 percent

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Definitions:

Rings and Watches

Personal jewelry items worn on fingers and wrists that can pose safety hazards or interfere with medical procedures if not removed.

Hot Water

Water heated to a temperature suitable for bathing, washing, or cooking.

Airborne Precautions

Safety measures implemented to prevent the transmission of diseases that are spread through the air over long distances by small droplets or particles.

Tuberculosis

An infectious disease caused by the bacterium Mycobacterium tuberculosis, primarily affecting the lungs.