A Fee That Investors Pay When They Withdraw Their Investment

question 96

Multiple Choice

A fee that investors pay when they withdraw their investment from a mutual fund is called a:

• A)withdrawal fee.
• B)12b.
• C)contingent deferred sales load.
• D)front-end load.
• E)management fee.

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Definitions:

Retroactive Interference

A cognitive process in which newly acquired knowledge obstructs the retrieval of earlier learned information.

Anterograde Amnesia

A condition affecting the ability to form new memories after the event that caused the amnesia, while long-term memories from before the event remain intact.

Déjà Vu

A sensation of having already experienced a situation or event currently being experienced, often accompanied by a feeling of familiarity and eeriness.

Automatic Processing

Mental activities that require minimal conscious thought and effort, often because they are well-practiced or habitual.