A Deferred-Load Mutual Fund Charges a Commission

question 51

Multiple Choice

A deferred-load mutual fund charges a commission

• A) when shares are purchased.
• B) when shares are sold.
• C) both when shares are purchased and when they are sold.
• D) when shares are redeemed.

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Definitions:

Dimethyl Ether

An organic compound with the formula CH3OCH3, used as an aerosol propellant and as a reagent in organic synthesis.

3-Methoxyfuran

A furan derivative with a methoxy group (-OCH3) attached to the 3-position of the furan ring.

Dioxanes

A class of organic compounds with a six-membered ring consisting of four carbon atoms and two oxygen atoms at opposite positions.

Furans

A class of heterocyclic organic compounds, consisting of a five-membered aromatic ring with four carbon atoms and one oxygen.