A low-load fund is bought directly from the investment company.
Correct Answer:
Verified
Q30: Stockbrokers:
A)Do not act as middlemen
B)Cannot trade stock
C)Charge
Q31: The NAV helps an investor keep track
Q32: The offer price of a mutual fund
Q33: A mutual fund is made up of
A)Many
Q34: Stocks are always quoted in:
A)Percents
B)Quarters of a
Q36: Bonds are usually in denominations of:
A)$100
B)$1,000
C)$10,000
D)$100,000
E)None of
Q37: Preferred stock can:
A)Be cumulative
B)Have equal rights to
Q38: The NAV is the dollar value of
Q39: A mutual fund is an investment company
Q40: A bond quote of 82.25 in dollars
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