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An Investor Is Planning to Systematically Withdraw Money from His

Question 142

Multiple Choice

An investor is planning to systematically withdraw money from his open-end fund.He arranges to receive 40 percent of the $700 asset growth from this particular investment period.The amount he will receive is:


A) $40
B) $140
C) $280
D) $470
E) $700

Correct Answer:

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