Series 7  General Securities Representative Exam
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The POP of a Mutual Fund is 14.60. The NAV is $13.90. What is the sales charge percentage?
Not enough information to calculate
A
5%
B
1%
C
2.50%
D
Explanations
The sales charge percentage is formula is: POPNAV/POP
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 SIE
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 Series 6
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 Series 7
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