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A 1 to 5 percent fee that investors pay when they withdraw their investment from a...

A 1 to 5 percent fee that investors pay when they withdraw their investment from a mutual fund is called a:

A. withdrawal fee.

B. 12b-1 fee.

C. contingent deferred sales load.

D. front-end load.

E. management fee.
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Answer #1

Option C is correct

Contingent deferred sales load

This is a type of fee which mutual fund investors pay when they withdraw funds before a fixed time period

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