Series 7 - General Securities Representative Exam

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A customer wants to invest but has a need for the funds in 18 months. Which of the following are you MOST likely to recommend?

Oil and Gas Partnership
A
Front Load Mutual Fund
B
Back Load Mutual Fund
C
Common Stock
D
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Explanations

Common stock. Oil and gas partnerships can have long lockup periods and can be illiquid. The front end and back end loads are too high of a percentage to justify a short holding period

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