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As a Money Management Fee, Mutual Funds Usually Charge Their

Question 116

Multiple Choice

As a money management fee, mutual funds usually charge their customers


A) between 0.5 and 2.0 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.

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