Business, 14.06.2021 15:40, alinamartinez9p752cj

An investor purchases 1,000 mutual fund shares with a Net Asset Value of $10 each, where the fund imposes a 5% contingent deferred sales charge if the shares are redeemed within the first year. The sales charge decreases by 1% for each year the investor remains invested in the fund. If the investor were to redeem his shares during the second year of holding the fund, based upon the NAV of $10, he or she will receive: A. $10,000
B. $9,600
C. $9,500
D. $9,400

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:30, bubbagumpshrimpboy

When you hire an independent contractor you don't have to pay the contractors what

Answers: 3

continue

Business, 22.06.2019 09:50, shanedawson19

Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing

Answers: 1

continue

Business, 22.06.2019 12:50, trintrin227

Afirm’s production function is represented by q(m, r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false

Answers: 3

continue

Business, 22.06.2019 13:50, veronica25681

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars

Answers: 2

continue

Do you know the correct answer?

An investor purchases 1,000 mutual fund shares with a Net Asset Value of $10 each, where the fund im...