The Front-End Load on These Type of Shares Is Charged

question 102

Multiple Choice

The front-end load on these type of shares is charged on new sales and is not generally incurred when these shares are exchanged for another mutual fund within the same fund family.

• A)Class A shares.
• B)Class B shares.
• C)Class C shares.
• D)Class D shares.
• E)Either Class A or Class C shares.

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Definitions:

Quantity Demanded

The amount of a good or service that consumers are willing and able to purchase at a specific price level.

Quantity Supplied

The quantity of a product or service that sellers are prepared and capable of offering for sale at a specific price.

Equilibrium Price

The price at which the quantity of goods supplied equals the quantity of goods demanded in a market, leading to market stability.

Equilibrium Quantity

The quantity of goods or services supplied and demanded at the equilibrium price.