Question
FiletMinyonhas decided she wants to invest in a mutual fund that has stocks with cattle. She plans to invest $100,000 over the next year. Today
FiletMinyonhas decided she wants to invest in a mutual fund that has stocks with cattle. She plans to invest $100,000 over the next year. Today she meets you with only $10,000. The current load on her purchase is 5.5%. How can you help her.
A.You can't help her but you could get her to utilize a group discount from her defined benefit plan and she will qualify for a discount
B.She will qualify for a discount because $10,000is enough to get her a discount
C.She could combine her money with that of your firm and qualify for a discount
D.She could sign a letter of intent and pay a load of 3.5%
E.She could sign a letter of intent and pay a load of 5%($100,000-$10,000)
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