The Sales Charge for Purchasing Fund Shares That Impose an Up-Front

Multiple Choice

The sales charge for purchasing fund shares that impose an up-front commission is____________ percent of the purchase price.

A) an average of 0.50 to 1
B) an average of 1 to 2
C) an average of 2 to 4
D) an average of 5 to 6 1/2
E) as high as 8 1/2