Back-end loaded mutual funds are most appropriate for:
A) an investor with a short time horizon.
B) an investor with a long time horizon.
C) an investor who wants to purchase a no-load product.
D) all investors.
E) none of the above
Correct Answer:
Verified
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A) sales commission.
B)
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Q90: A mutual fund allows investors to:
A) trade
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Q99: Both load and no-load funds will always
Q108: Mutual funds may be bought and sold
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