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As a Money Management Fee, How Much Do Mutual Funds

Question 57

Multiple Choice

As a money management fee, how much do mutual funds usually charge their customers?


A) between 0.5 and 3.0 percent of assets each year
B) between 1.5 and 3.0 percent of assets each year
C) nothing, because they receive commissions from the firms whose stock they buy
D) a flat fee of about $50

Correct Answer:

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