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The Commission Charge for Purchasing Shares of a Load Fund

Question 55

Multiple Choice

The commission charge for purchasing shares of a load fund that imposes an up-front commission charge can be as high as 8.5 percent.This fee:

A) is sometimes referred to as the sales fee
B) is paid every time investors buy (front-end load)
C) is paid every time investors sell (back-end load)
D) is sometimes referred to as the sales fee and is paid every time investors buy (front-end load) are correct
E) is sometimes referred to as the sales fee, is paid every time investors buy (front-end load) and is paid every time investors sell (back-end load) are correct

Correct Answer: