Contingent Deferred Sales Charges

question 107

Multiple Choice

Contingent deferred sales charges:

• A)are applied at the time fund shares are purchased.
• B)are applied only to front-end load funds.
• C)are charged on an annual basis to cover distribution and marketing costs.
• D)are no longer permissible.
• E)can be avoided.

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Definitions:

Ace Of Spades

A playing card with a singular pip of a spade, often considered the highest card in the deck of playing cards.

Probability Model

A mathematical representation of a random phenomenon, describing the set of possible outcomes and the likelihood of each outcome.

Rainy Days

Days during which a significant amount of precipitation falls, commonly used in weather statistics.

Random Variable X

A variable whose possible values are numerical outcomes of a random phenomenon, with each outcome having an associated probability.