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texasmade2550 texasmade2550
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10 months ago
Evelyn owns a fund that has a contingent deferred sales charge that starts at 8% if held less than one year and reduces by 1% every year the fund is held. If she purchased the fund for $10,000 and wishes to sell it after 4 years for $20,000, what would the load be?

▸ $500

▸ $400

▸ $800

▸ $1,000
Textbook 
Personal Finance

Personal Finance


Edition: 2nd
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smiller94107smiller94107
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10 months ago
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