The figure given below shows the demand [D and D'] and supply [S and S'] curves of shares of stock.Figure 17.2

-If a mutual fund with a back-end-load is not sold within the stipulated time period, the investor is not required to pay any fee to the fund manager.

Question

The figure given below shows the demand [D and D'] and supply [S and S'] curves of shares of stock.Figure 17.2
 
-If a mutual fund with a back-end-load is not sold within the stipulated time period, the investor is not required to pay any fee to the fund manager.

Quizplus · Accepted Answer

A back-end load is a fee paid when selling a mutual fund, decreasing over time, often reaching zero if held long enough, thus no fee if not sold within the stipulated period.

The Figure Given Below Shows the Demand [D and D']