Author Question: Consider a mutual fund with a 6 percent back-end load that decreases to 0 percent in the seventh ... (Read 20 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
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

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

b

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

For a complete list of videos, visit our video library