If Raymond Does Not Want to Pay Any Fees to Invest

question 83

Multiple Choice

If Raymond does not want to pay any fees to invest in mutual funds,he should pick

• A)no-load mutual funds.
• B)front-end load mutual funds.
• C)back-end load mutual funds.
• D)zero-fee mutual funds.

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Definitions:

Benzaldehyde

An organic compound characterized by a benzene ring with an aldehyde functional group, known for its almond-like aroma and used in flavoring and perfume.

Methylamine

A simple organic compound with the formula CH3NH2, characterized by a strong ammonia-like odor, used in the production of pesticides and pharmaceuticals.

Reagents

Substances or compounds added to a system to cause a chemical reaction or are used to test for the presence of another substance.

Reaction

A process in which one or more substances (the reactants) undergo a transformation to form new substances (the products).