A Contingent Deferred Sales Load,which Is a Charge That Shareholders

question 48

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 or 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:

Threshold

The level of strength a stimulus must reach to be detected or to produce a response.

Weber's Law

A principle in psychology that posits the smallest noticeable difference in stimulus intensity is proportional to the intensity of the original stimulus.

Notice A Difference

The act of observing or identifying a change or dissimilarity between two or more things, often an initial step in analytical or critical thinking processes.

Psychophysical Function

The relationship between physical stimuli and the sensations and perceptions they produce.