Mary Canfield purchased shares in the New Dimensions Global Growth Fund. This fund doesn't charge a front-end load, but it does charge a contingent deferred sales load of 4.5 percent for any withdrawals during the first year. If Mary withdraws $7,800 during the first year, how much is the contingent deferred sales load?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Mary Canfield purchased shares in the New Dimensions Global Growth Fund. This fund doesn't charge a front-end load, but it does charge a ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Ridiculousness, Inc., has sales of $43,000, costs of $25,100, depreciation expense of $1,500, and interest expense of $1,500. If the tax rate is 35 percent, what is the operating cash flow, or OCF?
Answers (1)
Lee worked 22 hours this week and made $132. if she works 15 hours next week at the same pay rate, how much will she make?
Answers (1)
Which statement best describes why it is difficult to sell a home during a recession? Mortgage rates are high. Demand greatly decreases. Mortgages become unavailable. Housing prices increase.
Answers (2)
If the market price is $6.30, in the long run, Group of answer choices new firms will enter the market. existing firms will exit the market. firms will neither exit nor enter the market. Not enough information to answer this question.
Answers (1)
Leh Inc. recently borrowed $275,000 from its bank at a simple interest rate of 9 percent. The loan is for nine months and, according to the loan agreement, the interest should be added to the amount borrowed and the total amount to be repaid in
Answers (1)
New Questions in Business
Areas set up to attract foreign investments by allowing the iportation of raw and intermediate materials without paying tariffs are called
Answers (1)
The Wheeler-Lea Act empowered the FTC to regulate the advertising of food and drugs. It declared all misleading, unfair, or deceptive practices to be illegal, regardless of injury to competition. a. True b. False
Answers (1)
Along with higher return comes
Answers (1)
Kalyan Corporation uses the FIFO method in its process costing system. Operating data for the Enameling Department for the month of May appear below: Units Percent Complete with Respect to Conversion Beginning work in process inventory 1,800 20 %
Answers (1)
Pager, a simple personal device for short messages, became famous in the 1990s. Troveron Communications launched a pager in the early twenty-first century.
Answers (1)