An Investor Invests $100,000 in a Mutual Fund That Has

question 53

Multiple Choice

An investor invests $100,000 in a mutual fund that has a 5 percent front-end load,charges a management fee of 0.5 percent,and a 12b-1 fee of 0.25 percent.The investor plans to leave the investment for one year.What is the dollar amount of the total shareholder cost?

• A)$5,000.
• B)$5,500.
• C)$5,750.
• D)$750.

---

Definitions:

Long-Term Disabilities

Disabilities that affect an individual's ability to perform normal daily activities for an extended period, often permanently.

Medicare

A national health insurance program for Americans aged 65 and older.

Diagnosis Code

A code assigned to a diagnosis based on a standardized classification system, used for billing, reporting, and statistical purposes in healthcare.

Treatment Code

A system of codes used to identify specific medical treatments and procedures for billing and documentation purposes.