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NEW QUESTION: 1
Steve Sharp sees a quote for a mutual fund that indicates the fund has a net asset value (NAV) of $26.60 and a public offering price (POP) of $28.00. Based on this, Mr. Sharp quickly ascertains that this fund must have:
A. either a front-end or rear-end load of 5.3%.
B. either a front-end or rear-end load of 5.0%.
C. a front-end load of 5.3%.
D. a front-end load of 5.0%.
Answer: D
Explanation:
Explanation/Reference:
Explanation: A mutual fund that is reported to have a NAV of $26.60 and a POP of $28.00 must have a front-end load of 5.0%. Front-end load = (POP - NAV)/POP = ($28.00 - $26.60)/$28.00 = 5.0%.
NEW QUESTION: 2
A. Option D
B. Option C
C. Option A
D. Option B
Answer: C
NEW QUESTION: 3
A. DB-9
B. DB-25
C. RS-232
D. RJ-45
Answer: D
NEW QUESTION: 4
Under the AWS shared responsibility model, AWS is responsible for which security-related task?
A. Physical security of global infrastructure
B. Lifecycle management of IAM credentials
C. Firewall configuration
D. Encryption of Amazon EBS volumes
Answer: A
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