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Author Question: Consider a mutual fund with a 6 percent back-end load that decreases to 0 percent in the seventh ... (Read 76 times)

Deast7027

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on: Jun 30, 2018
Consider a mutual fund with a 6 percent back-end load that decreases to 0 percent in the seventh year. How much of the load will an investor have to bear if she sells it off in the seventh year?
 a. 1 percent of the load
  b. 0 percent of the load
  c. 2 percent of the load
  d. 6 percent of the load
  e. 4 percent of the load

Question 2

To decide which of the two goods is a better buy, a consumer should compare the products' _____.
 a. marginal utilities
  b. total utilities
  c. marginal utilities per dollar
  d. total utilities per dollar
  e. disutility


ecabral0

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


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