A Fund Is Set Up to Charge a Load

question 53

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 percentage of the offer price does the load represent?

• A)4.84%
• B)5.08%
• C)16.74%
• D)15.93%
• E)20.67%

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Definitions:

Earlier Times

Refers to historical periods or moments before the present era, highlighting past societies, cultures, or contexts.

Gender Differences

Variations in characteristics, behaviors, and roles typically associated with being male or female in a society.

Interaction

The reciprocal action or influence between entities, leading to communication or behavioral responses.

Functionalist Perspective

A framework in sociology and anthropology that interprets society as a structure with interrelated parts designed to meet the biological and social needs of the individuals in that society.