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Question 23 Which statement regarding load mutual funds is true? The most common type of load is a front-end load. The load can be as

Question 23

Which statement regarding load mutual funds is true?

The most common type of load is a front-end load.

The load can be as high as 10 percent of the purchase price of the shares.

A back-end load is part of the expense ratio.

Load funds make more sense for active investors than buy-and-hold investors.

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