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Mutual funds that have a sales charge are referred to as _____. They are promoted by registered representatives of brokerage firms. The charge is _____.
Mutual funds that have a sales charge are referred to as _____. They are promoted by registered representatives of brokerage firms. The charge is _____.
A) load funds; expensed through the fund and passed on to all shareholders |
B) load funds; distributed directly to the registered representative or brokerage firm |
C) no-load funds; expensed through the fund and passed on to all shareholders |
D) no-load funds; distributed directly to the registered representative or brokerage firm |
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