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Matt Owns 724

question 95

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Matt owns 724.08 shares of a fund which has a current NAV of $41.04.He has owned all of these shares for 3.3 years.The fund charges a contingent deferred sales charge which starts at 5 percent for the first year and declines by 1 percent each year.How much cash will he receive if he redeems all of his shares today?

Recognize the rights and obligations of bailors and bailees in mutual benefit bailments.
Identify the effects of negligence and the limitation of liability in bailment relationships.
Understand the concept of property ownership, including tangible and intangible assets.
Distinguish between different forms of property acquisition and their legal implications.

Definitions:

Non-maleficence

A principle in ethics, especially in healthcare, that emphasizes the avoidance of causing harm to others.

Justice

The moral principle of fairness and the administration of the law to ensure that people receive what is rightfully theirs.

Confidentiality

The principle of keeping private information secret and ensuring it is accessible only to those authorized to have access.

Client Rights

Clients have a right to confidentiality, clarification of procedures and goals, and information regarding the qualifications and practices of the health practitioner.

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