Today,you Are Selling Shares of an Open-End Mutual Fund and Will

question 66

Multiple Choice

Today,you are selling shares of an open-end mutual fund and will be charged a CDSC of 3 percent.The price you will receive per share is equal to:

• A) 103 percent of the opening NAV.
• B) 97 percent of the opening offering price.
• C) 97 percent of the closing NAV.
• D) 103 percent of the closing offering price.
• E) the closing offering price.

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Definitions:

Political Behaviors

Actions by individuals or groups within an organization that are aimed at acquiring, developing, and using power and other resources to obtain one’s preferred outcomes.

Preferred Outcomes

Desired results or goals that individuals or organizations aim to achieve.

Authority Relations

The dynamics and structure of power and control between individuals or groups, particularly in organizational settings.

Compromising

A conflict resolution strategy where each party involved gives up part of their demands or expectations to reach a mutually acceptable solution.