The commission charged when shares of an open-end mutual fund are purchased is called a

A) management fee.
B) back-end load.
C) front-end load.
D) 12(b)-1 fee.

Answer: C

Business

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Foreign Direct Investment is the ________ approach that a business can use to reach a foreign market.

Fill in the blank(s) with correct word

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The average credit card balance of undergraduate students including those with a zero balance is between

A) $200 and $700. B) $1,000 and $3,000. C) $5,000 and $8,000. D) $12,000 and $15,000.

Business