The Figure Given Below Shows the Demand Curves [D₁ and D₂]

question 79

Multiple Choice

The figure given below shows the demand curves [D₁ and D₂] and the supply curve [S₁] of capital.Figure 17.1

-Consider a mutual fund with a 6 percent back-end load that decreases to 0 percent in the seventh year. How much of the load will an investor have to bear if she sells it off in the seventh year?

• A)1 percent of the load
• B)0 percent of the load
• C)2 percent of the load
• D)6 percent of the load
• E)4 percent of the load

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Definitions:

Communication Process Model

A theoretical framework that describes the process through which information is transmitted from a sender to a receiver.

Decimal Place

The position of a number to the right of a decimal point, used to denote fractions of a whole number.

Divide

A mathematical operation in which one number (the dividend) is divided by another (the divisor), resulting in a quotient and sometimes a remainder.

Lowest Common Denominator

The smallest common multiple of the denominators of two or more fractions.