Which type of investor in mutual funds would be least likely to be concerned about back-end loads?
a. someone about to retire who is moving money from their employer-based retirement plan into an IRA they will manage themselves.
b. the parent of a 15-year old who is investing for the child's college expenses.
c. young to middle-age workers investing through their employer-based retirement plan.
d. any investor who plans on selling their recently purchased shares in the next three years.
c
You might also like to view...
A U.S. company that focuses on the countries included in the North American Free Trade Agreement (NAFTA) has a regiocentric orientation
Indicate whether the statement is true or false
Tony was in debt $20,000 when his wealthy friend Marco told him to come with him on a "once in a lifetime" vacation for a few months. Tony said "You only live once, let's do it"
So Tony quit his job and Marco and Tony travelled the world, staying in luxury hotels, eating in expensive restaurants and running up large gambling debts. Three months later Tony arrived home with an additional $150,000 in debt. If Tony files for personal bankruptcy most likely a court would A) discharge him from his full $170,000 debt B) discharge him from his earlier $20,000 debt only C) discharge him from his recent $150,000 debt only D) refuse to discharge him from any of his debt E) require Marco to pay for half of Tony's debt