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A Load Mutual Fund Offers Reduced Load Charges When an Investor

Question 19

Multiple Choice

A load mutual fund offers reduced load charges when an investor invests over $25,000 in the fund. Which of the following can combine their funds in order to meet that breakpoint and get the reduced sales charge?
I. Mr. and Mrs. Smith
II. Mrs. Smith and her 8-year-old daughter, Susie
III. Mr. Smith and his brother, Darwin
IV. The Smithereen Investment Club, of which Mr. and Mrs. Smith are co-chairpersons


A) I only
B) I and II only
C) I, II, and IV only
D) I, II, and III only

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