Evelyn owns a fund that has a contingent deferred sales charge that starts at 8% if held less than one year and reduces by 1% every year the fund is held. If she purchased the fund for $10,000 and wishes to sell it after 4 years for $20,000, what would the load be?

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The Answer of Evelyn owns a fund that has a contingent deferred sales charge that starts at 8% if held less than one year and reduces by 1% every year the fund is held. If she purchased the fund for $10,000 and wishes to sell it after 4 years for $20,000, what would the load be?

Evelyn Owns a Fund That Has a Contingent Deferred Sales