You Invested $5,000 in a Mutual Fund 27 Months Ago

question 46

Multiple Choice

You invested $5,000 in a mutual fund 27 months ago when the NAV of the fund was $30.00.You have not acquired or sold any shares since that time.Today,the NAV is $28.40.The fund charges a contingent deferred sales charge of 6,5,4,3,2,2,and 1 percent if the shares are redeemed within the first 7 years,respectively.How much money will you receive if you redeem your shares today?

• A)$4,383
• B)$4,450
• C)$4,544
• D)$4,748
• E)$4,801

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Definitions:

Existential Theory

A philosophical approach to therapy that focuses on free will, self-determination, and the search for meaning.

Hostility

Feelings of anger and antagonism towards someone or something, often leading to aggressive behavior.

Non-being

The state or condition of not existing or the concept of absence, often explored in existential and philosophical contexts.

Existential Therapist

A specialist in existential therapy, focusing on helping individuals confront existential questions and issues such as meaning, choice, and death to lead more authentic lives.