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Question
The debate and research regarding the advantages of load funds versus no-load funds has revealed that
A. the proportion of total assets invested in load funds has decreased over the last 20 years and became less than the assets in no-load funds in 2002.
B. the cost of the load may not be worth the attention and advice given to investors.
C. most mutual fund companies offer the majority of their funds as no-load funds.
D. a load fee should be annualized over the holding period of the fund shares.
E. All of the above.
Answer
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