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If a Mutual Fund's NAV Is $50 and Its Expense

question 50

Short Answer

If a mutual fund's NAV is $50 and its expense ratio is 2.0 percent,what are the total expenses per share?
(a)$2
(b)$10
(c)$1
(d)$5

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Definitions:

FABs

Features, Advantages, and Benefits; a sales and marketing technique that highlights a product's features, explains its advantages, and outlines the benefits it offers to the potential customer.

Marketing Plan

A strategic document outlining a company's advertising and marketing efforts for a specified period, including goals, target markets, and initiatives.

SELL Sequence

A sales technique involving Showing features, Explaining benefits, Leading into advantages, and Letting the customer respond.

Business Proposition

An offer or proposal made by one business to another, detailing how a particular product or service can meet the latter's needs.

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