Author Question: Consider a mutual fund with a 6 percent back-end load that decreases to 0 percent in the seventh ... (Read 61 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?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

For a complete list of videos, visit our video library