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The annual fee that a mutual fund manager pays to the distributor who sold the fund as long as the client holds the fund is

The annual fee that a mutual fund manager pays to the distributor who sold the fund as long as the client holds the fund is known as the...
1. a) F-class charge
2. b) trailer fee or back-end load
3. c) service fee or front-end load
4. d) trailer fee or service fee

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