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A Contingent Deferred Sales Load,which Is a Charge That Shareholders

Question 48

Multiple Choice

A contingent deferred sales load,which is a charge that shareholders pay when they withdraw their investment from a mutual fund,can be as low as 1 percent or as high as ________ depending on how long you own the mutual fund before making a withdrawal.


A) 3 percent
B) 5 percent
C) 7 percent
D) 10 percent
E) 15 percent

Correct Answer:

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