The BG mutual fund has a NAV of $11.72 and a maximum offering price of $12.67. What is the maximum sales charge for this fund?
A. 7.5%
B. 8.10%
C. 8.50%
D. 9%
Answer: A
Investment
- Which TWO of the following statements are TRUE about real estate investment trusts (REITs)?
- Ms. Taylor purchased $25,000 of mutual fund shares. To date, the fund has paid her $1,000 of net investment income and $500 of capital gain distributions. If Ms. Taylor reinvested all of these monies back in the fund, the cost basis of her total investment is:
- Which of the following statements is TRUE regarding the straight life payout option available in a variable annuity?
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- Under what circumstances will the payout from a variable annuity increase?
- Which TWO of the following choices are advantages of trading exchange-traded funds (ETFs)? They may be purchased on margin Investors can receive breakpoints There is no fee to liquidate shares They may be sold short
- Who is permitted to participate in a tax-sheltered annuity established under Internal Revenue Code Section 403(b)?
- An increase in which of the following choices would cause an increase in the expense ratio for an investment company?
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