A Fee Charged by a Mutual Fund to Its Shareholders

question 15

Multiple Choice

A fee charged by a mutual fund to its shareholders if they sell their shares within a specified time after initially purchasing them is known as the

• A) contingent deferred sales charge
• B) redemption fee
• C) distribution fee
• D) deferred load charge

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Definitions:

Birth Order

The chronological order of sibling births in a family, which is sometimes believed to have an influence on a person's personality and psychological development.

GPAs

Grade point averages, numerical calculations representing the average value of the accumulated final grades earned in courses over time.

Family Size

Refers to the number of individuals living together related by birth, marriage, or adoption, making up a household.

College Students

Individuals enrolled in institutions of higher education to pursue various academic degrees or certifications.