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Which is true concerning a mutual fund with a back end load? a) The back end load % is constant but drops to zero after
Which is true concerning a mutual fund with a back end load? a) The back end load % is constant but drops to zero after 4 years. The back end load 0/0 starts small then rises, the longer you own the fund. c) The back end load 0/0 is zero but rises beginning in year 7. d) The back end load % starts large then decreases, the longer you own the fund.
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