A Fund Is Set Up to Charge a Load

question 30

Multiple Choice

A fund is set up to charge a load.Its net asset value is $17.70 and its offer price is $18.60.Assume the fund increased in value by $.40 the first month after your purchased 100 shares.By what percentage would the net asset value of the shares have to increase for you to break even?

• A)4.84%
• B)5.08%
• C)16.74%
• D)15.93%
• E)20.67%

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Definitions:

Aggressive Behavior

Any form of behavior intended to harm or injure another living being who is motivated to avoid such treatment.

Media Violence

Refers to the depiction of acts of physical aggression by individuals or groups in various forms of media.

Stringent Media Regulations

Strict rules and guidelines governing the content, operation, and impact of media outlets and communications.

Attribution Theory

A psychological theory that explains how individuals infer the causes of their own and other people's behavior, attributing them to either internal dispositions or external situations.