Business, 20.04.2020 20:46 nanett0226

A mutual fund is offered with no up-front sales charge and no contingent deferred sales charge. It charges 50 basis points of 12b-1 fees annually. The fund publishes an advertisement stating that: "This is a no-load fund." Which statement is TRUE?A. The statement is true as presented
B. This statement is misleading because no-load mutual funds cannot charge 12b-1 fees
C. This statement is misleading because a no-load fund cannot charge more than 25 basis points of 12b-1 fees
D. This statement is misleading because mutual funds are not permitted to advertise themselves as no-load funds

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 16:10

Reliable electric is a regulated public utility, and it is expected to provide steady dividend growth of 5% per year for the indefinite future. its last dividend was $6 per share; the stock sold for $50 per share just after the dividend was paid. what is the company’s cost of equity? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Answers: 2

Answer

Business, 22.06.2019 20:30

Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?

Answers: 1

Answer

Business, 23.06.2019 00:00

The undress company produces a dress that women use to quickly and easily change in public. the company is just over a year old and has been successful through a kickstarter campaign. the undress company has identified a customer segment, but if it wants to reach a larger customer segment market outside of the kickstarter family, what question must it answer?

Answers: 1

Answer

Business, 23.06.2019 00:30

Industrial engineers who specialize in ergonomics are concerned with designing workspace and devices operated by workers so as to achieve high productivity and comfort. a paper published in this research area reports on a study of preferred height for an experimental keyboard with large forearm-wrist support. a sample of 31 trained typists resulted in an average preferred height of 80.0 cm

Answers: 1

Answer

You know the right answer?

A mutual fund is offered with no up-front sales charge and no contingent deferred sales charge. It c...

Questions