You Want to Buy 1,200 Shares of a Mutual Fund

question 90

Multiple Choice

You want to buy 1,200 shares of a mutual fund that has an NAV of $28.50. The fund charges a 3.5 percent front-end load. How much will you have to spend to make this purchase?

• A) $31,878.87
• B) $32,913.00
• C) $32,953.37
• D) $33,333.33
• E) $35,440.41

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Definitions:

Ambivalent About

Having mixed feelings or contradictory ideas about something or someone.

Death Darers

Individuals who engage in behavior that involves a real but not overwhelming risk of death, often as a form of expressing psychological pain or distress.

Self-Injury

The act of deliberately harming one's own body as a way to deal with emotional distress or as a form of self-expression.

Behavioral Pattern

A set of actions or behaviors that are repeated regularly, often in response to specific situations or stimuli.