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Question 18 (1 point) For an investor intending to purchase and hold mutual funds for long-term purchasing fund with a Deferred Sales Charge will result

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Question 18 (1 point) For an investor intending to purchase and hold mutual funds for long-term purchasing fund with a Deferred Sales Charge will result in a lower fee than purchasing the same fund that has a front-end Charge True False Question 19 (1 point) The Distributor in a mutual fund complex is the sales and marketing are of the mutual fund company True False Question 20 (1 point) The investment's Standard Deviation indicates how much a mutual fund's performance fluctuates around its average historical return over a specified period of time. True False Question 21 (1 point) The Efficient Frontier Theory states that a portfolio's asset allocation should be based on the size of the portfolio. True False Question 22 (1 point) Under all circumstances, a withdrawal of money from a person's RRSP account will result in taxable income. True False

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