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    Exam 13: Investing in Mutual Funds
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    A Mutual Fund in Which Investors Pay a Commission Every
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A Mutual Fund in Which Investors Pay a Commission Every

Question 34

Question 34

Multiple Choice

A mutual fund in which investors pay a commission every time they purchase shares is called a(n) ____________ fund.


A) closed-end
B) open-end
C) no-load
D) load
E) convertible

Correct Answer:

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