You Are Investing $8,000 in a Mutual Fund That Charges

question 51

Multiple Choice

You are investing $8,000 in a mutual fund that charges a 4.50 percent front-end load.The offering price is $24.70 a share.What will your investment be worth immediately after your shares are purchased?

• A) $7,520
• B) $7,640
• C) $8,000
• D) $8,360
• E) $8,420

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Definitions:

Unconscious

According to Freud, a reservoir of mostly unacceptable thoughts, wishes, feelings, and memories. According to contemporary psychologists, information processing of which we are unaware.

Behaviorism

Behaviorism is a theory of learning based on the idea that all behaviors are acquired through conditioning, asserting that psychological disorders are best treated by altering behavior patterns.

Consciousness

The state of being awake and aware of one's surroundings, thoughts, feelings, and the self.

Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.