The component of expense ratios that includes a fee charged by some mutual funds to pay brokers is
A) a management fee.
B) a 12b-1 fee.
C) an administrative expense.
D) a referral fee.
Correct Answer:
Verified
Q29: You invested $1,000 in a mutual fund
Q30: The net asset value (NAV) is reported
Q31: Which of the following expenses is usually
Q32: Stock brokers typically do not recommend no-load
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Q35: A family of mutual funds is
A) a
Q36: An open-end mutual fund may do all
Q37: Regarding load and no-load mutual funds,
A) load
Q38: A mutual fund has a beginning balance
Q39: In calculating the net asset value (NAV),
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