Melanie Davis Is Getting Ready to Purchase Shares in a Mutual

Multiple Choice

Melanie Davis is getting ready to purchase shares in a mutual fund.The fund will charge her a one-time back-end load fee only if she redeems her shares within a stated period of time (usually 5 years) .What type of shares is she buying?

A) Class A
B) Class B
C) Class C
D) Either class A or B
E) Either class B or C