4. Mary Canfield purchased shares in the New Dimensions Global Growth Fund. This fund doesnt charge a

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4. 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 percent for any withdrawals during the first year. If Mary withdraws $8,000 during the first year, how much is the contingent deferred sales load? (LO13.1)

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Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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