Low-Load Mutual Funds Have Front-End Loads of No More Than

question 22

Multiple Choice

Low-load mutual funds have front-end loads of no more than ________.

• A) 2%
• B) 3%
• C) 4%
• D) 5%

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Definitions:

Interest Rate

The cost of borrowing money or the return on invested funds, typically expressed as a percentage of the principal amount per annum.

Inclined To Invest

Having a predisposition or a favorable attitude towards making investments, often with the expectation of achieving a financial return.

Business Firm

A company that produces goods and services for sale to individual consumers, other firms, or the government.

Capital Goods

Long-lasting goods used in the production of other goods or services, such as machinery, tools, and buildings.