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In an Open-End Fund, Investors Pay a Commission (As High

question 56

True/False

In an open-end fund, investors pay a commission (as high as 8.5 percent) every time they purchase or sell shares.


Definitions:

Subscapularis

A muscle located beneath the scapula, assists in the rotation and adduction of the arm.

Rotator Cuff

A group of muscles and tendons that surround the shoulder joint, keeping the head of your upper arm bone firmly within the shallow socket of the shoulder.

Shoulder

A joint that connects the upper arm to the torso, allowing for a wide range of movement.

Knee

The joint that connects the thigh with the lower leg, encompassing the intersection of the femur, tibia, and patella.

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