A Fund Is Set Up to Charge a Load

question 50

Multiple Choice

A fund is set up to charge a load. Its net asset value is $17.70 and its offer price is $18.60. What is the dollar value of the load (commission) ?

• A)$18.60
• B)$17.70
• C)$.95
• D)$.90
• E)$.50

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Definitions:

Interpersonal Dimensions

Aspects or factors that characterize and influence the way individuals interact with each other.

Low-income Status

Describes the financial condition of individuals or households that earn significantly less than the median income of their geographical area, often leading to limited access to resources.

Peer-group Status

The level of respect, influence, or popularity an individual has within a group of peers.

Antisocial Conduct

A pattern of behavior that is verbally or physically harmful to other people, animals, or property, including behavior that severely violates social expectations for a given environment.