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

Question 24

Multiple Choice

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 amount will she actually receive?


A) $350
B) $6,650
C) $7,000
D) $7,350
E) $7,500

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