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Francesca Withdrew $7,000 from B Shares That She Owned in the Already

Question 60

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Francesca withdrew $7,000 from B shares that she owned in the Already Been Counted mutual fund within one year of her purchase. If she must pay a 5% contingent deferred sales fee, what will her total fee be?


A) $0
B) $3.50
C) $35.00
D) $350.00
E) $3,500.00

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