Calculating Contingent Deferred Sales Loads. Nina Collins purchased the New Dimensions bond fund. While this fund doesnt

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Calculating Contingent Deferred Sales Loads. Nina Collins purchased the New Dimensions bond fund. While this fund doesn’t charge a front-end load, it does charge a contingent deferred sales load of 4 percent for any withdrawals in the first five years. If Nina withdraws

$6,200 during the second year, how much is the contingent deferred sales load?

LO16-1

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Personal Finance

ISBN: 9781260799736

13th Edition

Authors: Jack Kapoor

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