The Stable Utility Fund Has an Offering Price of $54

question 40

Multiple Choice

The Stable Utility Fund has an offering price of $54.11 and an NAV of $52.48.What is the front-end load percentage?

• A) 3.0 percent
• B) 3.1 percent
• C) 3.5 percent
• D) 3.8 percent
• E) 4.0 percent

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Definitions:

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Comparative advantage is an economic principle that describes how a country can gain by producing goods and services for which it has a lower opportunity cost than other countries.

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An individual employed in Nigeria, notable for discussing work issues relevant to the social, economic, and environmental context of Nigeria.

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A situation where Japan exports more goods and services than it imports, leading to a positive balance of trade.

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