Francesca Withdrew $7,000 from B Shares That She Owned in the Already

question 60

Multiple Choice

Francesca withdrew $7,000 from B shares that she owned in the Already Been Counted mutual fund within one year of her purchase. If she must pay a 5% contingent deferred sales fee, what will her total fee be?

• A) $0
• B) $3.50
• C) $35.00
• D) $350.00
• E) $3,500.00

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