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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. a front-end load of 5.0%.
B. a front-end load of 5.3%.
C. either a front-end or rear-end load of 5.0%.
D. either a front-end or rear-end load of 5.3%.
Answer: A
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 B
C. Option A
D. Option C
Answer: C
NEW QUESTION: 3
A. RJ-45
B. RS-232
C. DB-9
D. DB-25
Answer: A
NEW QUESTION: 4
Under the AWS shared responsibility model, AWS is responsible for which security-related task?
A. Encryption of Amazon EBS volumes
B. Firewall configuration
C. Physical security of global infrastructure
D. Lifecycle management of IAM credentials
Answer: C
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