Series 7 - General Securities Representative Exam

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Many mutual fund shares can be purchased by investors in which of the following increments?

Full Shares
A
Fractional Shares
B
Full and Fractional
C
Full and Fractional, but Fractional only if purchasing enough dollar amount to be above a certain breakpoint
D
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Explanations

Full and fractional. Many funds allow for fractional shares with no minimums

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